| 摘要 |
An improved process for the computerized conversion of preferred-return constant-dollar financial instruments into equivalent nominal-dollar instrument. The method includes providing a first digital electrical computer apparatus including a digital computer having a processor, the processor electrically connected to a memory device for storing and retrieving machine-readable signals, to an input device for receiving input data and converting the input data into input electrical data, and to an output device for converting output electrical data into output having a visual presentation and programming the processor to control the apparatus to receive the input data and produce the output data by steps including: respectively entering characteristics corresponding to a constant-dollar instrument; computing with said apparatus to convert the input electrical data to the output electrical data corresponding to characteristics of an equivalent nominal-dollar instrument, the computing including computing a nominal payment schedule for the nominal-dollar instrument; wherein the process does not essentially include a step using a standard convention for expressing an interest rate or rate of return to determine the characteristics of the equivalent nominal-dollar instrument; and generating documentation of the nominal-dollar instrument including at least some of the computed characteristics for the nominal-dollar instrument. |
