HP 0012C-90001, User Manual

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File name: HP 12c+_user's guide_English_E_HDP0F12AE03_062608 - Modified.doc Page: 163 of 213
Printed Date: 2021/6/16 Dimension: 14.8 cm x 21 cm
Section 16
Bonds Bonds Bonds Bonds
30/360 Day Basis Bonds 30/360 Day Basis Bonds 30/360 Day Basis 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 KEYSTROKES KEYSTROKES KEYSTROKES DISPLAY DISPLAY DISPLAY DISPLAY KEYSTROKE KEYSTROKE KEYSTROKE KEYSTROKES SS S DISPLAY DISPLAY DISPLAY DISPLAY
fs
:
6 24- 45 6
f
CLEAR
Î
00-
µ
25- 20
f
CLEAR
G
01- 42 34
:
0
26- 45 0
g×
02- 43 7
gm
27- 43 35
:
2
03- 45 2
g(
39
28-43, 33 39
2
04- 2
2
29- 2
z
05- 10
z
30- 10
P
06- 14
¼
31- 12
?
6
07- 44 6
$
32- 13
: 5
08- 45 5
Þ
33- 16
+
09- 40
~
34- 34
M
10- 15
-
35- 30
:
3 11- 45 3
gF
36- 43 36
:
4
12- 45 4
~
37- 34
gÒ
13- 43 26
g( 00
38-43, 33 00