fork download

copy

/*
 *  Copyright (c) 2013 AWOLart.com
 */
 
package com.awolart.fin.cu.ps2;
 
import java.text.NumberFormat;
 
/**
 * Suppose the current term structure of interest rates, assuming
 * annual compounding, is as follows:
 * s1	    s2	     s3	    s4	    s5	     s6
 * 7.0% 	7.3%	7.7%	8.1%	8.4%	8.8%
 *
 * What is the discount rate d(0,4)?
 *
 * (Recall that interest rates are always quoted on an annual basis
 * unless stated otherwise.)
 *
 * Please submit your answer rounded to three decimal places;
 * i.e., if your answer is 0.4567 then you should submit 0.457.
 */
public class TermStructureForwardRate {
 
 
 
 
    }
 
 
 
 
    /**
     * Convenience main method to facilitate command line/ide testing.
     *
     * @param args
     */
    public static void main(String[] args) {
 
        NumberFormat formatter = NumberFormat.getNumberInstance();
        formatter.setMaximumFractionDigits(2);
        formatter.setMinimumFractionDigits(4);
 
        /* PS1/Q3 */
        double t = 2.0;
        double s1 = 0.063;
        double s2 = 0.069;
        double d_0_2 = TermStructureForwardRate.discountRate(s2, t);
        System.out.println("d(0,2) = " + formatter.format(d_0_2));
 
 
        /* PS2/Q1 */
        double[] s = { 0.070, 0.073, 0.077, 0.081, 0.084, 0.088 };
        t = 4;
        double d_0_4 = TermStructureForwardRate.discountRate(s[3], t);
        System.out.println("d(0,4) = " + formatter.format(d_0_4));
 
    }
 
}
 

Main.java:38: error: class, interface, or enum expected
    public static void main(String[] args) {
                  ^
Main.java:41: error: class, interface, or enum expected
        formatter.setMaximumFractionDigits(2);
        ^
Main.java:42: error: class, interface, or enum expected
        formatter.setMinimumFractionDigits(4);
        ^
Main.java:45: error: class, interface, or enum expected
        double t = 2.0;
        ^
Main.java:46: error: class, interface, or enum expected
        double s1 = 0.063;
        ^
Main.java:47: error: class, interface, or enum expected
        double s2 = 0.069;
        ^
Main.java:48: error: class, interface, or enum expected
        double d_0_2 = TermStructureForwardRate.discountRate(s2, t);
        ^
Main.java:49: error: class, interface, or enum expected
        System.out.println("d(0,2) = " + formatter.format(d_0_2));
        ^
Main.java:53: error: class, interface, or enum expected
        double[] s = { 0.070, 0.073, 0.077, 0.081, 0.084, 0.088 };
        ^
Main.java:54: error: class, interface, or enum expected
        t = 4;
        ^
Main.java:55: error: class, interface, or enum expected
        double d_0_4 = TermStructureForwardRate.discountRate(s[3], t);
        ^
Main.java:56: error: class, interface, or enum expected
        System.out.println("d(0,4) = " + formatter.format(d_0_4));
        ^
Main.java:58: error: class, interface, or enum expected
    }
    ^
13 errors

Standard output is empty