|
|
|
| REGISTERS | |
n: Unused |
| i: Unused |
PV: Unused |
| PMT: Unused |
FV: Unused |
| R0: Unused |
R1: Settl. date |
| R2: Mat. date |
R3: 360 or 360 |
| R4: redemp. value |
R5: dis./price |
| |
1.Key in the program.
2.Press 
.
3.Key in the settlement date (MM.DDYYYY) and press 
1.
4.Key in the maturity date (MM.DDYYYY) and press 
2.
5.Key in the number of days in a year (360 or 365) and press 
3.
6.Key in the redemption value per $100 and press 
4.
7.To calculate the purchase price:
a.Key in the discount rate and press 
5.
b.Press 
to calculate the purchase price.
c.Press 
to calculate the yield.
d.For a new case, go to step 3.
8.To calculate the yield when the price is known:
a.Key in the price and press 
5.
b.Press 
15 
to calculate the yield.
c.For a new case, go to step 3.
Example 1: Calculate the price and yield on this U.S. Treasury Bill: settlement date October 8, 1980; maturity date March 21, 1981; discount rate 7.80%. Compute on a 360 day basis.
Keystrokes Display
| 10.08 | Settlement date. |
10.081920 | 1 |
|
69
