Example: Bond Price - Odd Short Last Coupon

This example calculates the price of an odd short last coupon with one or less coupon period to redemption.
Settlement 02/07/1993
Maturity 08/01/1993
Last Coupon 02/04/1993
Rate 0.065
Yield 0.0535
Redemption Value 100.0
Payment Frequency Bond.SEMIANNUAL
Day Count Basis DayCountBasis.Basis30e360 

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

public class OddShortLastOneCoupPriceEx {

    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("02/07/1993");
        GregorianCalendar maturity = parse("08/01/1993");
        GregorianCalendar lastCoupon = parse("02/04/1993");
        double price = Bond.price(settlement, maturity, lastCoupon, 0.065,
                0.0535, 100.0, Bond.SEMIANNUAL,
                DayCountBasis.Basis30e360);
        System.out.println("The price is " + price);
    }
}

Output

The price is 100.54045734737038
Link to Java source.