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Update 2024-11-29-Hacking-Debt-schedule-with-Lambda-in-Excel.md
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no-arbitrage authored Nov 29, 2024
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Expand Up @@ -19,13 +19,13 @@ Create a lambda function as below.

## Syntax
DebtSchedule(
[OpenBalance] = Debt Open Balance,\n
[CashBalance] = Cash Open Balance,\n
[CFArray] = Cashflow Array,\n
[MandatoryAmort] = Mandatory Amortisation,\n
[CashSweep] = % of available cash after mandatory amortisation allocated to optional amortisation,\n
[PIKInterest] = PIK Interest, applied to the opening balance instead of the average balance,\n
[CashInterest] = Cash interest applied to the average balance,\n
[OpenBalance] = Debt Open Balance,\
[CashBalance] = Cash Open Balance,\
[CFArray] = Cashflow Array,\
[MandatoryAmort] = Mandatory Amortisation,\
[CashSweep] = % of available cash after mandatory amortisation allocated to optional amortisation,\
[PIKInterest] = PIK Interest, applied to the opening balance instead of the average balance,\
[CashInterest] = Cash interest applied to the average balance,\
)

# Activate Advanced Formula Environment
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