The finite amplitude method (FAM) is a very efficient approach for solving the fully self-consistent random-phase approximation (RPA) equations. We use FAM to rederive the RPA matrices for general Skyrme-like functionals, calculate the electric dipole (E1) and the magnetic dipole (M1) giant resonances, and compare the results with available experimental and evaluated data. For the E1 transitions in heavy nuclei, the calculations reproduce well the resonance energy of the photoabsorption cross sections. In the case of M1 transitions, we show that the residual interaction does not affect the transition strength of double-magic nuclei, which suggests that the spin terms in the Skyrme force currently neglected in the present computation could improve the agreement between FAM and experimental data.
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