Price of a Discounted Security

priceyieldEx1

import com.imsl.finance.*;
import java.text.*;
import java.util.*;

public class priceyieldEx1 {
    static final DateFormat dateFormat =
    DateFormat.getDateInstance(DateFormat.SHORT,  Locale.US);
    
    static private GregorianCalendar parse(String s) 
    throws ParseException {
        GregorianCalendar cal = new GregorianCalendar();
        cal.setTime(dateFormat.parse(s));
        return cal;
    }
    
    public static void main(String args[]) throws ParseException {
        GregorianCalendar settlement = parse("7/1/85");
        GregorianCalendar maturity = parse("7/1/95");
        double yield = 0.010055244588347783;
        double redemption = 105.;
        DayCountBasis dcb = DayCountBasis.BasisNASD;
        double priceyield = Bond.priceyield(settlement, maturity,
        yield, redemption, dcb);
        System.out.println("The price of the discounted bond is " 
        + priceyield);
    }
}

Output

The price of the discounted bond is 95.40663