Scheduled Constant Fn


Scheduled Constant Fn is a direct subtype of Timed Real To Real Function
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with functions Scheduled Constant Fn Functions, keys Scheduled Constant Fn keys and example object SchedConstFn

TYPE INCLUSION RELATIONSHIPS

Timed Real To Real Function

Scheduled Constant Fn

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AVAILABLE FUNCTIONS

Create

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AVAILABLE CREATE FUNCTION KEYS

Fn

Intercept Cap

Intercept Floor

No Sched Function

Schedule

Step Up

Scheduled Constant Fn Params

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TYPICAL OBJECTS OF TYPE Scheduled Constant Fn

SchedConstFn

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This type represents a function ƒ that acts exactly like the more generic function Scheduled Real Fn, with the additional restriction that the functions defined there through the key Functions are here replaced by functions of type Constant Fn
Look at Scheduled Real Fn for more details.
Another difference from Scheduled Real Fn is that the functions ƒ₁ , ƒ₂ , ... , ƒₙ corresponding to the applicable dates d₁ , d₂ , ... , dₙ are not defined explicitly, but generated implicitly by applying certain step up rules expressed as objects of type Step Up Rule
These rules are applied on the value associated with the key Constant of a given base function ƒ₁
The function ƒ₁ is specified throught the key Fn as an object of type Constant Fn

Note, the function here is similar to the function Scheduled Linear Fn, with the difference being that the implied functions at the dates d₁ , d₂ , ... , dₙ are all constant functions.