HP 12C User Manual

217
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 217 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
Section 16
Bonds
30/360 Day Basis Bonds
A bond is a contract to pay interest, usually semiannually, at a given rate (coupon)
and to pay the principal of the bond at some specified future date. A bond which
is calculated on a 30/360 day basis is one in which the day count basis is
computed using 30 days in a month and 360 days in a year.
The following program solves for the price given the yield or for the yield given the
price of a semiannual coupon bond which is calculated on a 30/360 day basis
and is held for more than six months.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(ALG mode)
DISPLAY
fs fs
f
CLEAR
Î
000,
f
CLEAR
Î
000,
f
CLEAR
G
001, 42 34
f
CLEAR
G
001, 42 34
g×
002, 43 7
g×
002, 43 7
:
2
003, 45 2
:
2
003, 45 2
2
004, 2
z
004, 10
z
005, 10
2
005, 2
P
006, 14
P
006, 14
:
5
007, 45 5
+
007, 40
+
008, 40
:
5
008, 45 5
M
009, 15
M
009, 15
:
3
010, 45 3
:
3
010, 45 3
:
4
011, 45 4
:
4
011, 45 4
gÒ
012, 43 26
gÒ
012, 43 26
d
013, 33
d
013, 33

HP 12C Specifications

General

Brand	HP
Model	12C
Category	Calculator
Language	English