11.2.1.3 Direct Input

The Direct Input method requires the user to input (or upload) of the forecasted rate scenarios. At runtime and display time, the inputted rates will be pulled directly.

Before applying the rates to a cash flow record, the rates must be converted to annual compounded rates. The accrual basis must be converted to either Actual/Actual or 30/360.

No conversion is applied before the rate is passed to the Cash Flow Engine.