prmat
Price with interest at maturity
Syntax
Description
[
returns the price and accrued interest of a security that pays interest at
maturity. This function also applies to zero coupon bonds or pure discount
securities by setting Price
,AccruInterest
] = prmat(Settle
,Maturity
,Issue
,Face
,CouponRate
Yield
)CouponRate
=
0
.
[
adds an optional argument for Price
,AccruInterest
] = prmat(___,Basis
)Basis
.
Examples
Input Arguments
Output Arguments
References
[1] Mayle, J. Standard Securities Calculation Methods. Volumes I-II, 3rd edition. Formula 3.