HP (Hewlett-Packard) 12C ユーザーズマニュアル
220 Section 16: Bonds
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 220 of 275
Printed Date: 2005/8/1
Printed Date: 2005/8/1
Dimension: 14.8 cm x 21 cm
7. If price is desired:
a. Key in the desired yield to maturity as a percentage then press ?0.
b. Press t to calculate price as a percentage of par value.
c. RPN: Press ~ to display accrued interest due the seller. Press + to
calculate the total price paid.
c. ALG: Press +~ to display accrued interest due the seller and then
press } to calculate the total price paid.
For a new case return to step 3. Note that only those values which have been
changed need to be reentered and stored.
changed need to be reentered and stored.
8. If yield is desired:
a.
Press 0?0.
b. Key in the price as a percentage of par value and press ?1.
c.
Press t to compute annual yield to maturity.
For a new case return to step 3. Note that only those values which have
been changed need to be reentered and stored.
been changed need to be reentered and stored.
Example 1: What price should you pay on August 28, 2004 for a 5.5% bond
(computed with a 30/360 basis) that matures on June 1, 2008, if you want a
yield of 4.75%? What price should you pay for a yield of 4.5%? This problem
assumes a redemption value of 100.
(computed with a 30/360 basis) that matures on June 1, 2008, if you want a
yield of 4.75%? What price should you pay for a yield of 4.5%? This problem
assumes a redemption value of 100.
Keystrokes
(RPN mode)
(RPN mode)
Keystrokes
(ALG mode)
(ALG mode)
Display
f]
f[
?Æ
?Æ
Set compound interest
mode if the C indicator is
not on.
mode if the C indicator is
not on.
5.5?2 5.5?2
5.50
Coupon into R
2
.
8.282004?3 8.282004?3
8.28
Settlement date into
register R
register R
3
.
6.012008?4 6.012008?4
6.01
Maturity date into R
4
.
100?5 100?5
100.00
Redemption value into R
5
.
4.75?0 4.75?0
4.75
Yield into R
0
.
t
t
102.55
Price (calculated).
~
~
1.33
Accrued interest
(calculated).
(calculated).
4.5?0 4.5?0
4.50
New yield into R
0
.