HP 20B manual +L1=, Bonds 2Bond Calculation Example

Bonds

Table 5-2Bond Calculation Example

Key Display Description

<

Displays current call value. Default is 100. Note: if Call requires another value, key in the number followed by

I.

<4.75

I

Inputs 4.75% for Yield%.

<=

Calculates the current value for Price.

:$1

<

Stores 115.89 in memory 1.

Displays the current value for accrued interest.

+L1=

Returns the result for total price (value of price + value of accrued interest). The net price you should pay for the bond is 118.58.

To reset the menu items to their default values, with any item of the Bond menu displayed press :x. With Bond displayed, press Ito reset the menu, or Oto cancel. Press Oagain to exit the menu.

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