The CleanPrice command computes the clean price of a bond, given its yield. Clean price does not include any accrued interest that has accumulated since the last coupon payment.

The parameter bond is either a fixed coupon bond or floating rate bond. The parameter yield is the desired yield.

evaluationdate = a string containing a date specification in a format recognized by ParseDate or a date data structure -- This option specifies the evaluation date. By default this is set to the global evaluation date (see EvaluationDate).

The Finance[CleanPrice] command was introduced in Maple 15.

For more information on Maple 15 changes, see Updates in Maple 15.