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pik_ytm

pik_ytm (routine)

Payment-In-Kind (PIK) bond yield to maturity

Introduced in release: 1.0
Component: US Bonds
Purpose: Calculates the dollar yield for a Payment In Kind bond.

Results: All results are calculated using the industry standard rules or generally accepted practices. The function returns the calculated dollar yield accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 06/15/1992© 2001 TIPS, Inc.Doc Version: 5.0