14 DAY TRIAL // The Christmas week has begun, and MacUpdate is here as always with a new promo. Today's subject is a financial calculator that can take care of all your problems concerning the time value of money, and its name is FinKit.
Produced by ParanzaSoft, FinKit has reached its latest version, 2.7.5, guess when? "Today" is the answer, and what better way to celebrate this release than a price cut? In order to run, FinKit requires Mac OS 10.1 or higher, being compatible with Panther and Tiger. If you own an Intel-based Mac, you won't have any problems running this program, thanks to Apple's Rosetta, and since we know all this, I guess the time has come to find out what's new, don't you think?
First of all, the new Black-Scholes Implied Volatility estimation lets users calculate the implied volatility for a given option price, then you get the new Bond Duration calculation for the Macaulay and modified duration of bonds, and the Black-Scholes Option Pricing can now also be used to value European options on instruments that pay dividends, and calculate the quantities representing the market sensitivity of options usually known as "the Greeks" - Delta, Gamma, Vega, Theta and Rho. The new things don't end here, since you get new life tables for 7 countries (USA and Canada, 2003; France, 2004; Portugal, Sweden, Switzerland and Russia, 2005), the Extra Principal Payments Loan calculation allows biweekly extra principal payments now and, at last, the variable interest tables have been updated.
With over 50 financial calculations, FinKit is one of the best financial calculators in the world; usually, you would have to pay 25$ to have it, but today you have 21 hours remaining to get it for the promotional price of 14.95$, only from MacUpdate!