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From: lmahaffey on 26 Jan 2010 14:38
Anyone know of a function that calculates the bond premium amortization using
the constant yield method?

An example of a bond premium that would need amortizing would be:

Par: 100,000
Price: 101
Bought: July 15, 2009
Maturity: June 30, 2019
Cash Paid: 101,000
Premium: 1,000
Coupon: 5% paid semi-annually, 6/30 and 12/31

Thank you
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