Re: QuantLib::Bond::cleanPriceFromZSpread

Posted by Luigi Ballabio on
URL: http://quantlib.414.s1.nabble.com/QuantLib-Bond-cleanPriceFromZSpread-tp7310p7325.html

On Tue, 2009-02-24 at 13:49 -0800, gigifaye29 wrote:
> In the CallableBonds Class,  does the member function
> "cleanPriceFromZSpread(...)"  calculate a clean price by discounting the
> *unadjusted* cash flows, OR  *adjusted* cash flows(prices on each note
> revised to strike if option in the money),  by interest tree note rates plus
> z-spread?

Unadjusted. The method is inherited from the generic Bond class and does
not take callability into account.

Luigi


--

Testing can never demonstrate the absence of errors in software, only
their presence.
-- W.E. Dijkstra



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