Difference between revisions of "Manuals/calci/PRICEMAT"

Latest revision as of 15:03, 16 November 2018

PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis)

where Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle SettlementDate} is the security's settlement date (a date when coupon or a bond is purchased),
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle MaturityDate} is security's maturity date (a date when coupon or a bond expires),
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle IssueDate} is security's issue date (a date when coupon or a bond is issued),
$Rate$ is security's interest rate,
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle YieldPercent} is security's annual yield,
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle Basis} is the type of day count basis to use.
- PRICEMAT(), returns the price per $100 face value of a security that pays interest at maturity.

Description

PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis)

The function returns the price per $100 face value of security, that pays interest at maturity.
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle SettlementDate} , Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle MaturityDate} and Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle IssueDate} dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
If Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle SettlementDate} ≥ Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle MaturityDate} , Calci displays #N/A error message.
and Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle YieldPercent} values must be greater than or equal to zero, else Calci displays #N/A error message.
Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle Basis} value is optional. If omitted, Calci assumes it to be 0.

Below table shows the use of Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle Basis} values:

Basis	Description
0	US (NASD) 30/360
1	Actual/actual
2	Actual/360
3	Actual/365
4	European 30/365

If Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle Basis} value is other than 0 to 4, Calci displays #N/A error message.

Examples

PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis) function with inputs in order is calculated as follows:

2/2/2008
11/2/2016
1/2/2008
5%
8%
2

=PRICEMAT(A1,A2,A3,A4,A5,A6) : Calculates the Price Value with the inputs in the range A1 to A6. Returns 84.24817365442365.

References

List of Main Z Functions

Z3 home

@@ Line 1: / Line 1: @@
-=PRICEMAT(settlement, maturity, issue, rate, yield, basis)=
+<div style="font-size:30px">'''PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis)'''</div><br/>
-*where 'settlement' is the security's settlement date (a date when coupon or a bond is purchased),
+*where <math>SettlementDate</math> is the security's settlement date (a date when coupon or a bond is purchased),
-*'maturity' is security's maturity date (a date when coupon or a bond expires),
+*<math>MaturityDate</math> is security's maturity date (a date when coupon or a bond expires),
-*'issue' is security's issue date (a date when coupon or a bond is issued),
+*<math>IssueDate</math> is security's issue date (a date when coupon or a bond is issued),
-*'rate' is security's interest rate,
+*<math>Rate</math> is security's interest rate,
-*'yield' is security's annual yield,
+*<math>YieldPercent</math> is security's annual yield,
-*'basis' is the type of day count basis to use.
+*<math>Basis</math> is the type of day count basis to use.
+**PRICEMAT(), returns the price per $100 face value of a security that pays interest at maturity.
-PRICEMAT() calculates the price per &#36;100 face value of security, that pays interest at maturity.
 == Description ==
+PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis)
-PRICEMAT(settlement, maturity, issue, rate, yield, basis)
 *The function returns the price per &#36;100 face value of security, that pays interest at maturity.
-*Settlement, maturity and issue dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
+*<math>SettlementDate</math>, <math>MaturityDate</math> and <math>IssueDate</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
-*If settlement date ≥ maturity date, Calci displays #N/A error message.
+*If <math>SettlementDate</math>  ≥ <math>MaturityDate</math> , Calci displays #N/A error message.
-*'rate' and 'yield' values must be greater than or equal to zero, else Calci displays #N/A error message.
+*<math>Rate</math> and <math>YieldPercent</math> values must be greater than or equal to zero, else Calci displays #N/A error message.
-*'basis' value is optional. If omitted, Calci assumes it to be 0.
+*<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0.
-Below table shows the use of 'basis' values:
+Below table shows the use of <math>Basis</math> values:
 {| class="wikitable"
@@ Line 36: / Line 34: @@
 |}
-*If 'basis' value is other than 0 to 4, Calci displays #N/A error message.
+*If <math>Basis</math> value is other than 0 to 4, Calci displays #N/A error message.
 == Examples ==
-PRICEMAT(settlement, maturity, issue, rate, yield, basis) function with inputs in order is calculated as follows:
+PRICEMAT (SettlementDate,MaturityDate,IssueDate,Rate,YieldPercent,Basis) function with inputs in order is calculated as follows:
 <div id="2SpaceContent" class="zcontent" align="left">
@@ Line 72: / Line 70: @@
   =PRICEMAT(A1,A2,A3,A4,A5,A6) : Calculates the Price Value with the inputs in the range A1 to A6. Returns ''84.24817365442365''.
+==Related Videos==
+{{#ev:youtube|v=m_ahBi3n0Dk|280|center|PRICEMAT}}
 == See Also ==
@@ Line 82: / Line 84: @@
 *[http://en.wikipedia.org/wiki/Bond_valuation Bond Valuation]
 *[http://en.wikipedia.org/wiki/Day_count_convention Basis Convention]
+*[[Z_API_Functions | List of Main Z Functions]]
+*[[ Z3 |   Z3 home ]]