The class encapsulates the fraction rate compounding method. More...

#include <fractionRate.hpp>

Inheritance diagram for julian::FractionRate:

Public Member Functions
	FractionRate (double input=1.0)
	Constructor. More...

virtual double	getCapitalization (double interest_rate, double accrual_time) const
	Calculates future value. More...

virtual double	getRate (double future_value, double accrual_time) const
	Calculates interest rate. More...

virtual std::string	info () const
	Info about class. More...

virtual FractionRate *	clone () const
	Virtual copy constructor. More...

Public Member Functions inherited from julian::Compounding
	Compounding ()
	Default constructor. More...

virtual	~Compounding ()
	Destructor. More...

Private Member Functions
template<class Archive >
void	serialize (Archive &ar, const unsigned int)
	interface used by Boost serialization library More...

Private Attributes
double	frequency_
	Compounding frequency used by interest rate. More...

Friends
class	boost::serialization::access

std::ostream &	operator<< (std::ostream &s, FractionRate &c)
	Overloads stream operator. More...

Detailed Description

The class encapsulates the fraction rate compounding method.

Object of this class implements simple interest rate compounding. Using simple compounding the future value and interest rate are calculated according to formulae:

$\textrm{Future Value} = (1 + \frac{\textrm{Interest Rate}}{ \textrm{frequency}} )^{\textrm{frequency} \times \textrm{Accrual Time}}$

$\textrm{Interest Rate} = (\sqrt[\textrm{frequency}]{\textrm{Future Value}}-1) \times frequency$

Constructor & Destructor Documentation

julian::FractionRate::FractionRate ( double input = 1.0 )

inline

Constructor.

Member Function Documentation

FractionRate * julian::FractionRate::clone ( ) const

virtual

Virtual copy constructor.

Method is an implementation of virtual copy constructor.

Implements julian::Compounding.

double julian::FractionRate::getCapitalization	(	double	r,
		double	t
	)		const

virtual

Calculates future value.

Method calculates the future value of 1 currency unit on the basis of annualized interest rate and interest accrual period.

$\textrm{Future Value} = (1 + \textrm{Interest Rate} \div \textrm{frequency} )^{\textrm{frequency} \times \textrm{Accrual Period}}$

Implements julian::Compounding.

double julian::FractionRate::getRate	(	double	fv,
		double	t
	)		const

virtual

Calculates interest rate.

Method calculates the annualized interest rate on the basis of future value of interest rate value and interest accrual period.

$\textrm{Interest Rate} = (\sqrt[\textrm{frequency}]{\textrm{Future Value}}-1) \times frequency$

Implements julian::Compounding.

std::string julian::FractionRate::info ( ) const

virtual

Info about class.

Method returns string that containing information about class.

Implements julian::Compounding.

template<class Archive >

void julian::FractionRate::serialize	(	Archive &	ar,
		const unsigned	int
	)

inlineprivate

interface used by Boost serialization library

Friends And Related Function Documentation

std::ostream& operator<<	(	std::ostream &	s,
		FractionRate &	c
	)

friend

Overloads stream operator.

This overloaded operator enables to print the curve on the console.

Member Data Documentation

double julian::FractionRate::frequency_

private

Compounding frequency used by interest rate.

The documentation for this class was generated from the following files:

C:/Unix/home/OEM/jULIAN/src/interestRates/fractionRate.hpp
C:/Unix/home/OEM/jULIAN/src/interestRates/fractionRate.cpp

Public Member Functions

Private Member Functions

Private Attributes

Friends

Detailed Description

Constructor & Destructor Documentation

Member Function Documentation

Friends And Related Function Documentation

Member Data Documentation