termstrc's bonds dataset creation

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I believe you can get an answer to that question by first Googling 
for "Robert Ferstl, Josef Hayden", the authors of the package.  The 
first match allows you to download a 23-page manuscript describing the 
package (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1307149).  
This paper discusses "clean" vs. "dirty" prices.  From this, you should 
be able to construct a very simple special case that will answer your 
question.  I do not remember now the answer to your question, but I 
believe I did this a couple of months ago and got a clear answer. 

      Hope this helps. 
      Spencer Graves
Hi,

         I want to do a bonds analysis and now plan to create my own bonds
set with package termstrc. But during construction, I got two problems.

1.       In the given datasets, there??s a domain called PRICE, and should I
use bonds?? CLEAN price or DIRTY price here?

2.       In the list CF, the given bonds tend to be coupon bonds, and the
coupon frequencies are once per year. Then how about zero-coupon (pure
discounted) bonds? Or coupon frequencies larger then 1?

Thanks

Hsiao-nan Cheung

2009/7/19

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