Difference between revisions of "Manuals/calci/ODDLPRICE"
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<div style="font-size:30px">'''ODDLPRICE(settle, M, LI, R,yield, redem, F, basis)'''</div><br/> | <div style="font-size:30px">'''ODDLPRICE(settle, M, LI, R,yield, redem, F, basis)'''</div><br/> | ||
| − | * | + | *<math>Settle</math> is the security's settlement date |
| − | *M is the security's maturity date | + | *<math>M</math> is the security's maturity date |
| − | *LI is the security's last coupon date | + | *<math>LI</math> is the security's last coupon date |
| − | *R is the security's interest rate | + | *<math>R</math> is the security's interest rate |
| − | * | + | *<math>Yield</math> is the security's annual yield |
| − | * | + | *<math>Redem</math> is the security's redemption value |
| − | *F is the number of coupon payments per year | + | *<math>F</math> is the number of coupon payments per year |
| − | * | + | *<math>Basis</math> is the type of day count basis to use. |
| + | |||
| + | ==Description== | ||
*This function computes the price per $100 face value of a security having an odd last coupon period. | *This function computes the price per $100 face value of a security having an odd last coupon period. | ||
Revision as of 03:22, 28 February 2014
ODDLPRICE(settle, M, LI, R,yield, redem, F, basis)
- is the security's settlement date
- is the security's maturity date
- is the security's last coupon date
- is the security's interest rate
- is the security's annual yield
- is the security's redemption value
- is the number of coupon payments per year
- is the type of day count basis to use.
is the security's settlement date
is the security's maturity date
is the security's last coupon date
is the security's interest rate
is the security's annual yield
is the security's redemption value
is the number of coupon payments per year
is the type of day count basis to use.Description
- This function computes the price per $100 face value of a security having an odd last coupon period.
- ODDLPRICE shows the error value when
- Settle, M, I, or FC is not a valid date
- R or Yield< 0.
- Basis must between 0 and 4.
- M > settle > LI
ODDLPRICE
Lets see an example
ODDLPRICE(settle, M, LI, R,yield, redem, F, basis) B
01-08-2008
05-18-2008
11-15-2007
4.35%
5.25%
$100
2
0
?UNIQ3ca8cc865116b625-nowiki-00000002-QINU?
Syntax
Remarks
Examples
Description
| Column1 | Column2 | Column3 | Column4 | |
| Row1 | 01-08-2008 | 99.6691 | ||
| Row2 | 05-18-2008 | |||
| Row3 | 11-15-2007 | |||
| Row4 | 4.35% | |||
| Row5 | 5.25% | |||
| Row6 | $100 | |||
| Row7 | 2 | |||
| Row8 | 0 | |||
| Row9 | ||||
| Row10 |