|Introduction: The Stepped Rate Market family is an extension of the Stepped Rate From and Stepped Rate To families. Whereas the Stepped Rate family of components have all the annual rates defined, the Stepped Rate Market family allows for the looking up of a rate from a market forecast where an annual rate is not specified. So these functions will use the stepped annual rates specified, provided that are not blank and not zero, otherwise they will "default" to an annual rate read off a forecast of annual rates. The 2 kinds of functions, reflecting both the T... and F... of the other stepped rate families, are as follow:|
- Incorporating the ...Fcst... feature results in 2 functions, FStepFcstMkt and TStepFcstMkt. These functions require both a list of dates and rates, but if one or more of these annual rates is blank or zero then the annual rate is determined from a supplied forecast of annual rates.
- Incorporating the ...Grow... feature results in 2 more functions, FStepGrowMkt, and TStepGrowMkt. These functions require both a list of dates and rates, but if one or more of these rates is blank or zero then the rate is determined from a supplied forecast.