HP 95LX - Page 58

Supplemental Solver Equations
The Calculator on the HP 95LX contains no built-in templates or menus in three
important areas: bonds, calendar math, and depreciation, so here are some Solver
equations to remedy this shortcoming. For each equation there’s a description of
the variables used, followed by the equation listing itself. The listing contains no
spaces or line breaks (although it could), so as to match the input screen exactly.
Bonds
Entry-only Variables (in the order they appear on the menu):
CalendarType:
Sett lementDate:
MaturitubDate:
Coupon:
CallPrice:
CapGainTaxRat eX:
TaxablexCapGain:
Commission¥:
Solution Variables:
Yield:
CurrentPrice:
AccruedInterest.:
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One of four payment calendars describing when inter-
est dividends are paid. Enter a 1 for annual payments
made on an actual calendar basis; 2 for semiannual
payments made on an actual calendar basis; -1 for
annual payments on a 30/360 calendar basis; and -2 for
semiannual payments on a 30/360 calendar basis.
The date you buy the bond—input in the current date
format established in the Setup menu (see page 104).
The date when the principal amount is to be repaid.
Face amount of yearly interest paid by the issuer.
The value of the bond (on a $100 basis) at the maturity
date—or at an optional earlier “call” date. You can
ignore this value unless you're using a call date.
Your current tax rate for capital gains (as a %).
Percentage of your capital gains subject to tax.
Percentage commission paid to buy the bond.
Yield-to-maturity (or yield-to-call) of the bond.
Purchase price (or current market value) of the bond.
Amount of interest accrued at settlement date that is
due to the seller in addition to the price of the bond.
2. ANALYZING INFORMATION