Description:
The function equals the Excel INTRATE function.
Syntax:
Fintrate (settlement,maturity,investment,redemption)
Note:
The external library function (See External Library Guide) returns the interest rate for a security that pays interest at maturity, with the day count basis method as US (NASD) 30/360.
Parameter:
|
settlement |
The security's settlement date |
|
maturity |
The security's maturity date |
|
investment |
The initial amount invested into the security |
|
redemption |
The security's redemption value |
Option：
|
@1 |
Specify the day count basis method Actual/Actual. It corresponds to the Excel basis parameter |
|
@0 |
Specify the day count basis method Actual/360. It corresponds to the Excel basis parameter |
|
@5 |
Specify the day count basis method Actual/365. It corresponds to the Excel basis parameter |
|
@e |
Specify the day count basis method European 30/360. It corresponds to the Excel basis parameter |
Example:
|
Fintrate@0(date("2001-2-15"),date("2001-5-15"),1000000,1014420) |
0.058328089887640454 |