Functions and CALL Routines |
Category: | Financial |
Syntax | |
Arguments | |
Details | |
Examples |
Syntax |
CONVX(y,f,c(1), ... ,c(k)) |
specifies the effective per-period yield-to-maturity, expressed as a fraction.
Range: |
specifies the frequency of cash flows per period.
Range: |
Details |
The CONVX function returns the value
where
Examples |
data _null_; c=convx(1/20,1,.33,.44,.55,.49,.50,.22,.4,.8,.01,.36,.2,.4); put c; run;
The value returned is 42.3778.
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