HP 12C Platinum User Manual page 225

Keystrokes Keystrokes
(RPN mode) (ALG mode)
t t
~ +~
+ ³
Example 2: The market is quoting 105% for the bond described in example 1.
What yield will that provide ? What would be the yield to maturity if 104% were
the quoted price ?
Keystrokes Keystrokes
(RPN mode) (ALG mode)
0?0 0?0
105?1t 105?1t
104?1t 104?1t
Section 16: Bonds
Display
Price to yield 4.5%
103.41
(calculated).
Accrued interest
1.33
(calculated).
Total price paid.
104.74
Display
From previous example.
104.74
0.00
Yield at 105%
4.05
(calculated).
Yield at 104%
4.33
(calculated).
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