HP 17bII - Example: A Zero-Coupon Bond.

8: Bonds 113
File name : English-M02-1-040308(Print).doc Print data : 2004/3/9
5.022003  
 
Stores purchase date
(MM.DDYYYY format).
3.032022    Stores maturity date.
6   Stores annual coupon
rate.

5.7 


Stores yield.
  Calculates price.
 3.032006
 102.75




Changes maturity date
to call date and stores
a call value.
   Calculates yield to call.
Example: A Zero-Coupon Bond. Calculate the price of a zero-coupon,
semi-annual bond using a 30/360 calendar basis. The bond was
purchased on May 19, 2003 and will mature on June 30, 2017, and
has a yield to maturity of 10%.
Keys: Display: Description:
 
@c
 Clears BOND
variables, setting CALL
to 100.
 

e

 
Sets type if necessary
(check the display).
5.192003


 
Purchase date
(MM.DDYYYY format).
6.302017


 
Maturity date.
0   Coupon rate is zero.
 10   Yield to maturity.
  Calculates price.