Difference between revisions of "Manuals/calci/accrintm"

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(Created page with "<div id="6SpaceContent" class="zcontent" align="left"> '''ACCCRINTM'''(I, Settle,R,Par,basis) where, '''I''' - Security's issue date '''Settle'''- Security's settl...")
 
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'''ACCCRINTM'''(I, Settle,R,Par,basis)
 
 
where,
 
 
'''I''' - Security's issue date
 
 
'''Settle'''- Security's settlement date should  be after issue date.
 
 
'''R'''- Security annual coupon rate.
 
 
'''Par'''- Security par value and
 
 
'''basis'''- Type of day count basis.
 
 
</div>
 
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<div id="1SpaceContent" class="zcontent" align="left">
 
 
This function returns the accumulated interest for a security that pays interset at maturity.
 
 
</div>
 
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Issue, Basis, Settlement be intergers.
 
 
ACCRINTM shows the error value when  R lessthan or equal to 0 or if Par lessthan or equal to 0, basis&lt;0 or basis&gt;4 and I date greaterthan or equal to settle date,
 
 
'''Formula''':-
 
 
ACCRINTM=Par χ Rate χ(M /D)
 
 
where,
 
 
'''M''' - number of days counted from issue date to matuarity date.
 
 
'''D''' - Annual Year Basis.
 
 
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<div id="12SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="left">
 
 
ACCRINTM
 
 
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Lets see an example in (Column2,Row2)
 
 
<nowiki>=ACCRINTM(B2,B3,B4,B5,B6)</nowiki>
 
 
where
 
 
B2=3/1/2008
 
 
B3=8/15/2008
 
 
B4=12%
 
 
B5=1000
 
 
B6=3
 
 
ACCRINTM returns 54.6667.
 
 
</div>
 
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<div id="10SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Syntax </div><div class="ZEditBox"><center></center></div></div>
 
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<div id="4SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Remarks </div></div>
 
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<div id="3SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Examples </div></div>
 
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<div id="11SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Description </div></div>
 
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{| id="TABLE3" class="SpreadSheet blue"
 
|- class="even"
 
| class=" " |
 
| Column1
 
| class="  " | Column2
 
| Column3
 
| Column4
 
|- class="odd"
 
| class=" " | Row1
 
| class="sshl_f" | 3/1/2008
 
| class="sshl_f" |
 
| class="                                                            " |
 
|
 
|- class="even"
 
| class="  " | Row2
 
| class="sshl_f" | 8/15/2008
 
| class="sshl_f" | 54.666667
 
|
 
|
 
|- class="odd"
 
| Row3
 
| class="sshl_f " | 12%
 
| class="                                                                              sshl_f sshl_t ChangeBGColor" |
 
|
 
|
 
|- class="even"
 
| Row4
 
| class="  " | 1000
 
| class="sshl_t" |
 
|
 
|
 
|- class="odd"
 
| class=" " | Row5
 
| class=" " | 3
 
| class="sshl_t" |
 
|
 
|
 
|- class="even"
 
| Row6
 
| class="sshl_f" |
 
| class="sshl_t" |
 
|
 
| class="sshl_f " |
 
|}
 
 
<div align="left"></div>''''''</div>
 
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Latest revision as of 14:16, 19 August 2016