Alternative cash flow vector code
In the above example, you may have coded the cash flow vector by writing cf <- c(3, 3, 3, 3, 3, 3, 3, 103).
However, this may seem a bit tedious. An alternative is to code the cash flow vector using the rep() command. Typing rep(x, y) will automatically repeat x y times. For example, rep(1, 4) is equivalent to typing c(1, 1, 1, 1).
In this exercise, you'll construct a more general function for computing a cash flow vector based on a series of inputs: r for coupon rate, p for par value, and ttm for time to maturity. To do so, you'll take advantage of the rep() command.
Deze oefening maakt deel uit van de cursus
Bond Valuation and Analysis in R
Oefeninstructies
- Code an alternative cash flow function using
rep()and input variablesr,p, andttm. Save this new function asalt_cf. - Use
alt_cfto generate a cash flow vector with coupon rate (r) of 3% (0.03), par value (p) of $100, and time to maturity (ttm) of 8 years.
Praktische interactieve oefening
Probeer deze oefening eens door deze voorbeeldcode in te vullen.
# Code cash flow function
alt_cf <- function(r, p, ttm) {
c(rep(p * r, ___ - 1), ___ * (1 + ___))
}
# Generate cf vector
alt_cf(r = ___, p = ___, ttm = ___)