Monroe 3180 用户指南
MONROE TRADER II
21
ANNUAL-COUPON AND EUROBONDS
Most domestic bonds are issued to pay coupon interest semi-annually. However, most Eurobonds, pay
coupons on a annual basis.
EXAMPLE:
coupons on a annual basis.
EXAMPLE:
Find yield to maturity for $25,000.00 annual-coupon bond with a 7.5% coupon currently
available at a 7% yield, maturing October 25, 1989.
ENTER PRESS RESULTS
DISPLAYED
1
COUPONS Coupons/Year
1
PER
YEAR
6.2487
SETTLEMENT
Settlement Date Wed. 06-24-1987
DATE
The status line should be as follows for this example:
ENTER PRESS RESULTS
DISPLAYED
7.5
COUPON Coupon
Rate
7.500%
10.2589
MAT
Maturity Date Wed.
10-25-1989
DATE
END
7
TO
Price 100.987 (M)
PRICE
25
EXT
Prin 25,246.75 Int
1,244.79
DISPLAY
Net Amount 26,491.54
EXT
DISPLAY
Yield 7.000% (M)
6.882% SEMI Equiv
TO
YIELD
C=0 PER 30/360 SEMI 06-24-87 MATURITY