HP 12c Platinum - Page 225

Section 16: Bonds 225
File name: HP 12cpt_user's guide_English_110608.DOC Page: 284 of 285
Printed Date: {2009/1/13 Dimension: 14.8 cm x 21 cm
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
t t
103.41
Price to yield 4.5%
(calculated).
~ +~
1.33
Accrued interest
(calculated).
+ ³
104.74
Total price paid.
Example 2:
The market is quoting 105% for the bond described in example 1.
What yield will that provide
?
What would be the yield to maturity if 104% were
the quoted price
?
Keystrokes
(RPN mode)
Keystrokes
(ALG mode)
Display
104.74
From previous example.
0
?
0 0
?
0
0.00
105
?
1
t
105
?
1
t
4.05
Yield at 105%
(calculated).
104
?
1
t
104
?
1
t
4.33
Yield at 104%
(calculated).