Difference between revisions of "Manuals/calci/accrintm"

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'''ACCCRINTM'''(I, Settle,R,Par,basis)
 
  
*<math>I</math> Security's issue date.
 
*<math>Settle</math> Security's settlement date should  be after issue date.
 
*<math>R</math> Security annual coupon rate.
 
*<math>Par</math> Security par value.
 
*<math>basis></math> Type of day count basis.
 
 
==Description==
 
*This function returns the accumulated interest for a security that pays interest at maturity.
 
*Issue, Basis, Settlement be integers.
 
*ACCRINTM shows the error value when:
 
1.R less-than or equal to 0
 
2.Par less-than or equal to 0
 
3.basis < 0 or basis > 4
 
4.I date greater-than or equal to settle date.
 
 
:<math>ACCRINTM = Par * Rate *\frac{M}{D}</math>
 
*<math>M</math> number of days counted from issue date to maturity date.
 
*<math>D</math> Annual Year Basis.
 
 
==Example==
 
=ACCRINTM("3/1/2008","8/15/2008",12,1000,3)
 
5490.41095890411
 
=
 
 
{| id="TABLE3" class="SpreadSheet blue"
 
|- class="even"
 
|
 
| A
 
|- class="odd"
 
| 1
 
| 3/1/2008
 
|- class="even"
 
| 2
 
| 8/15/2008
 
|- class="odd"
 
| 3
 
| 12%
 
|- class="even"
 
| 4
 
| 1000
 
|- class="odd"
 
| 5
 
| 3
 
|}
 
 
=ACCRINTM("3/1/2008","8/15/2008",12,1000,3)
 
5490.41095890411
 
=
 

Latest revision as of 15:16, 19 August 2016