Example: Price of a Discounted Security

using System;
using Imsl.Finance;

public class pricediscEx1
{
    public static void  Main(String[] args)
    {
        DateTime settlement = DateTime.Parse("7/1/85");
        DateTime maturity = DateTime.Parse("7/1/86");
        double rate = .05;
        double redemption = 100.0;
        DayCountBasis dcb = DayCountBasis.BasisNASD;
        double pricedisc = Bond.Pricedisc(settlement, maturity, rate,
                                          redemption, dcb);
        Console.Out.WriteLine("The price of the discounted bond is " +
                              pricedisc.ToString("C"));
    }
}

Output

The price of the discounted bond is $95.00