47
Pr
ocedure
K
e
y
operation
Displa
y
Change the bond pr
ice
to $92.50.
#
i
i
i
i
i
i
92.5
Q
PRI
C
E(PV)=
9
25
0
Calculate the yield.
z
@
YIELD(I/Y)=
728
Ans
wer:
The yield will be 7.28%.
Entering dates
Ref
er to the f
ollo
wing notes f
or date entr
y.
•
Enter using US date f
o
rmat (MM-DD-YYYY) or EU date f
or-
mat (DD-MM-YYYY).
Ref
er to the pre
vious e
xample and the
follo
wing e
xplanation.
Month entr
y
Enter tw
o digits
. F
rom 2 to 9, the preceding z
ero ma
y be omitted.
Da
y entr
y
Enter tw
o digits
. F
rom 4 to 9, the preceding z
ero ma
y be omitted.
Y
ear entr
y
Enter f
our digits
. F
rom 2010 to 2099, the z
ero f
ollo
wing the
fi rst
“2”
ma
y be omitted.
F
rom 1901 to 1989, the
“9”
f
ollo
wing
the fi
rst
“1”
ma
y be omitted.
•
After entr
y,
the date will be stored and the ab
bre
viated da
y of
the w
eek will be displa
y
ed.
•
[SU]:
Sunda
y,
[MO]:
Monda
y,
[TU]:
T
u
esda
y,
[WE]:
W
ednes-
da
y,
[TH]:
Thursda
y,
[FR]:
F
rida
y,
[SA]:
Saturda
y.
•
The def
ault v
alue f
or dates is:
J
a
n
uar
y 1, 2001 (1-1-2001).
•
The eff
ectiv
e r
ange of dates is:
J
a
n
uar
y 1, 1901 to December
31, 2099.
•
If an inappropr
iate date is entered (e
.g., F
ebr
uar
y 31), an error
message (Error 7) will appear immediately after pressing
Q
.
In this case
, f
ollo
w either of the f
ollo
wing procedures:
• Press
s
to retur
n to the displa
y bef
ore the entr
y,
enter
the appropr
iate date
, and press
Q
.
• Press
g
/
y
to go bac
k to the displa
y that w
as sho
wn
bef
ore y
ou pressed
Q
. Press
s
or
L
, enter the
appropr
iate date
, and press
Q
again.
•
If y
ou wish to correct n
umbers dur
ing entr
y,
use
L
as a
bac
kspace k
e
y.
3 Financial FunctionsCurrent.indd 47
06.7.10 8:38:44 PM
