HP 12C Solutions Handbook

70
Example 2: Determine the yield of this security; settlement date June 25,
1980; maturity date September 10, 1980; price $99.45; redemption value
$101.33. Assume 360 day basis.
3.211981 2
3.21 Maturity dtae.
360 3
360.00 360 day basis.
100 4
100.00 Redemption value per $100.
7.8 5
7.80 Discount rate.
96.45 Price.
8.09 Yield.
Keystrokes Display
6.251980 1
6.25 Settlement date.
9.101980 2
9.10 Maturity dtae.
360 3
360.00 360 day basis.
101.33 4
101.33 Redemption value per $100.
99.45 5
99.45 Price.
15
8.84 Yield.

HP 12C Specifications

General

Type	Financial Calculator
Display	LCD, 10 digits
Manufacturer	Hewlett-Packard
Programming	Keystroke
Memory	20 memory registers
Functions	statistical functions
Dimensions	12.7 x 7.87 x 1.52 cm (5 x 3.1 x 0.6 in)