Example: Interest Rate of a Fully Invested Security

using System;
using Imsl.Finance;

public class intrateEx1
{
    public static void  Main(String[] args)
    {
        DateTime settlement = DateTime.Parse("7/1/85");
        DateTime maturity = DateTime.Parse("7/1/95");
        double investment = 7000.0;
        double redemption = 10000.0;
        DayCountBasis dcb = DayCountBasis.BasisActual365;
        double intrate = Bond.Intrate(settlement, maturity, investment,
                                      redemption, dcb);
        Console.Out.WriteLine("The interest rate of the bond is " + 
                               intrate);
    }
}

Output

The interest rate of the bond is 0.0428336723517446