184 Appendix D: Error Conditions
Error 8: Calendar
Error 9: Service
Refer to Appendix F.
Pr Error
z Continuous Memory has been reset. (Refer to Continuous Memory,
page 70.)
z You have reset the calculator using the reset hole (see page 196).
Operation Condition
Ò
D
Improper date format or illegal date.
D Attempting to add days beyond calcula-
tor’s date capacity.
E
S
Improper date format or illegal date.
More than 500 years between settlement
(purchase) date and maturity (redemption)
date.
Maturity date earlier than settlement date.
Maturity date has no corresponding cou-
pon date (6 months earlier).
a
a This is the case for the 31st of March, May, August, October, and December,
plus August 29 (except in a leap year) and 30. For example, there is no Septem-
ber 31, so March 31 has no corresponding coupon date 6 months earlier.
To correct this problem for all maturity dates except August 29 and 30, add one
day to both the settlement date and the maturity date in your calculations. For
instance, if a bond were purchased on June 1, 2004 (the settlement date) with a
maturity date of December 31, 2005, you should change the dates to June 2,
2003 and January 1, 2006 for your calculations.
For August 29 and 30, there is no calculator solution that gives the correct
answer.
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