
Bond Calculation
kExample 2
For the same type of bond described in Example 1, calculate the price on the bond (PRC) based on a specific number of coupon payments (Term).
•Before performing the calculation, you should use the [Format] tab to change the [Bond Interval] setting to “Term”, or tap “Date” in the status bar.
The bond is based on the 30/360
(N). For 4% yield to maturity (YLD), calculate the bond’s price ([PRC]).
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