Victor v12 Benutzeranleitung
V12 Manual
31
30
What Bond Price should you pay on September 17, 2009 for a
4.9% US Treasury Bond that matures on November 2, 2017 if
you desire a yield of 6.65%?
4.9% US Treasury Bond that matures on November 2, 2017 if
you desire a yield of 6.65%?
Y
A
L
P
S
I
D
S
E
I
R
T
N
E
b REG
0.00
Clears the registers
Clears the registers
4.9 PMT
4.9
Enters coupon rate
Enters coupon rate
6.65 i
.
6.65
Enters yield to maturity
Enters yield to maturity
r M.DY
6.65
Sets date format to month-day-
year value
Sets date format to month-day-
year value
9.172009 ENTER
9.17
Enters purchase date
Enters purchase date
11.022017 b PRICE
89.14
Enters maturity date and
calculates bond price (as a %
of Par)
Enters maturity date and
calculates bond price (as a %
of Par)
+
.
90.98
Calculates total bond price
including accrued interest
Calculates total bond price
including accrued interest
To Calculate Bond Yield to Maturity ( b YTM )
Enter quoted Bond price (asa % of Par); touch PV
Enter coupon rate; touch PMT
Enter purchase date; touch ENTER
Enter redemption date; touch b YTM
Enter coupon rate; touch PMT
Enter purchase date; touch ENTER
Enter redemption date; touch b YTM
Example
Using the Bond described above, what is the Yield to Maturity if
the market quote for the Bond is 91.42?
the market quote for the Bond is 91.42?
Y
A
L
P
S
I
D
S
E
I
R
T
N
E
91.42 PV
91.42
Enters market quote
Enters market quote
4.9 PMT
4.90
Enters coupon rate
Enters coupon rate
9.172009 ENTER
9.17
Enters purchase date
Enters purchase date
11.022017 b YTM
6.26
Enters Maturity Date and
calculates yield to maturity
Enters Maturity Date and
calculates yield to maturity
To Calculate Bond Price and Yield for 30/360 Day Basis Bonds
with a semiannual coupon, please reference V12 programming
guide at www.VictorV12.com/programs
with a semiannual coupon, please reference V12 programming
guide at www.VictorV12.com/programs
.
To Calculate Price and Yield for Bonds with Annual Coupons,
please reference V12 programming guide at
please reference V12 programming guide at
www.VictorV12.com
.
Percentages
There are three buttons used for solving problems involving
percents: Delta Percentage∆% ,Percentage % and Percent of
Total %T.
There are three buttons used for solving problems involving
percents: Delta Percentage∆% ,Percentage % and Percent of
Total %T.
Delta percentage calculates the percent difference between
numbers using the first number as a base. To find the delta
percentage∆% of two values in both RPN and ALG method:
numbers using the first number as a base. To find the delta
percentage∆% of two values in both RPN and ALG method:
Enter the base value
Touch =
Touch =
.
or ENTER
Enter the second number
Touch∆%
Touch∆%
Example