The following example assumes that you have entered the NOTE equations into the Solver. For instructions on entering Solver equations, see “Solving Your Own Equations,” on page 30.
Example:Price and Yield of a Discounted Note. What are the price and yield of the following U.S. Treasury Bill: settlement date October 14, 2003; maturity date March 17, 2004; discount rate 8.7%? (Assume month/day/year format.)
Select the NOTE:PRICE equation in the Solver.
Keys:Display:Description:
E |
| " | Creates menu. |
10.142003 | " | Stores known values. |
{FH::8#(&#+"
3.172004 "
8.7A;F7"
100 2O" 2O8#((&(("
* |
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| 52;7H8,'&$." | Calculates price. | |
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| Displays NOTE:YIELD | |||
e] | E | <E:HI@;H9A8" | ||||
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| L2O/52;7HT>" | equation, then its menu. |
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| @;H9A8,&(+" | Calculates yield. |
| @;H9A" |
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Statistics
Moving Average
Moving averages are often useful in predicting trends in data taken over a period of time. In
14: Additional Examples 217
File name : | Print data : 2003/7/11 |