CD() - Cost of debt

Calculates the cost of debt, which is measured by the effective yield to maturity on the company's bonds.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dYld	Yield to maturity percentage
double	dTax	Tax bracket percentage

16 bit DLL declarations

PowerBuilder Function declaration

function double CD(double dYld, double dTax) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function CD lib "IFL16" (ByVal dYld As Double, ByVal dTax As Double) As Double

C/C++ Synopsis

#include "function.h"

double CD(double dYld, double dTax)

32 bit DLL declarations

PowerBuilder Function declaration

function double CD(double dYld, double dTax) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function CD lib "IFL32" (ByVal dYld As Double, ByVal dTax As Double) As Double

C/C++ Synopsis

#include "function.h"

double CD(double dYld, double dTax)

Example:

dYld	=	0.12	(12%)
dTax	=	0.4	(40%)

Result: 0.072 (7.2%)