equiv.rate: Equivalent Rates under different Compounding Conventions

Description Usage Arguments

View source: R/dcf.R

Description

Converts an interest rate from one compounding convention to another (for example from semi-annual to monthly compounding or from annual to continuous compounding)

Usage

1
equiv.rate(rate, from.freq = 1, to.freq = 1)

Arguments

rate

The interest rate in decimal (0.10 or 10e-2 for 10%)

from.freq

Frequency of compounding of the given interest rate: 1 for annual, 2 for semi-annual, 12 for monthly, Inf for continuous compounding.

to.freq

Frequency of compounding to which the given interest rate is to be converted: 1 for annual, 2 for semi-annual, 12 for monthly, Inf for continuous compounding.


jrvarma/jrvFinance documentation built on Nov. 6, 2021, 5:12 p.m.