Casio FX-9750G, FX-9860GII YLD/100, 10. Bond Calculations, 1+, ,17, PRC, CPN, YLD, RDB, &67, CPN, CPN, D M, RDV +, Formula, SFormula, SPrice per $100 of face value (PRC), REPT, TABL

,17

An error (Ma ERROR) occurs if parameters are not configured correctly.

Use the following function menu to maneuver between calculation result screens.

•{REPT} … {parameter input screen}

•{TABL} … {displays table}

•{GRPH} … {draws graph}

10. Bond Calculations

Bond calculation lets you calculate the purchase price or the annual yield of a bond.

Before starting bond calculations, use the Setup screen to configure “Date Mode” and “Periods/YR.” settings (page 7-1).

SFormula

	D
A	B	Redemption date (d2)
Issue date
Purchase date (d1)		Coupon Payment dates

PRC : price per $100 of face value

CPN : annual coupon rate (%)

YLD : yield to maturity (%)

A: accrued days

0: number of coupon payments per year (1=annual, 2=semi annual)

N: number of coupon payments between settlement date and maturity date

RDB : redemption price or call price per $100 of face value

D: number of days in coupon period where settlement occurs

B: number of days from settlement date until next coupon payment date = D − A

: accrued interest &67 : price including interest

SPrice per $100 of face value (PRC)

• For one or fewer coupon period to redemption

CPN

	RDV +
					M			A	⋅	CPN
PRC = –							+ (				)
1+ (		B	⋅	YLD/100		)		D M

DM

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