acrudisc
Accrued interest of discount security paying at maturity
Syntax
Description
returns the accrued interest of a discount security paid at maturity.AccruInterest
= acrudisc(Settle
,Maturity
,Face
,Discount
)
adds optional arguments for AccruInterest
= acrudisc(___,Period
,Basis
)Period
and
Basis
.
Examples
Input Arguments
Output Arguments
References
[1] Mayle, J. Standard Securities Calculation Methods. Volumes I-II, 3rd edition. Formula D.