| changePvFullBondPrice {bondAnalyst} | R Documentation |
Calculates estimated change in the Full Price of the Bond (in currency units) for a given Money Duration and a given change in the Yield-To-Maturity.
Description
Calculates estimated change in the Full Price of the Bond (in currency units) for a given Money Duration and a given change in the Yield-To-Maturity.
Usage
changePvFullBondPrice(moneyDuration, changeYtm)
Arguments
moneyDuration |
A number. |
changeYtm |
A number. |
Details
According to information provided by Adams and Smith (2019), the method changePvFullBondPrice() is developed to compute estimated change in the Full Price of the Bond (in currency units) for a given Money Duration and a given Change in the Yield-To-Maturity.
Value
Input values to two arguments moneyDuration and changeYtm.
Author(s)
MaheshP Kumar, maheshparamjitkumar@gmail.com
References
Adams,J.F. & Smith,D.J.(2019). Understanding Fixed‑Income Risk and Return. In CFA Program Curriculum 2020 Level I Volumes 1-6. (Vol. 5, pp. 237-299). Wiley Professional Development (P&T). ISBN 9781119593577, https://bookshelf.vitalsource.com/books/9781119593577
Examples
changePvFullBondPrice(moneyDuration=542.3638,changeYtm=0.01)
changePvFullBondPrice(moneyDuration=542.3638,changeYtm=-0.01)