General Conversions

Prices (such as security prices) are often provided as a fractional price, whereas the financial functions in AIMMS always expect decimal prices. AIMMS supports the following conversion functions between fractional and decimal prices:

• PriceDecimal

• PriceFractional

Annual interest rates can be given as a nominal rate (just the sum of interest rates over the number of compounding periods) or in the form of an effective rate (including the effects of interest over interest for all compounding periods). AIMMS supports the following interest rate conversion functions:

• RateEffective

• RateNominal