Casio fx-CG50 User Manual page 294

PRC
: price per $100 of face value
CPN
: coupon rate (%)
YLD
: annual yield (%)
A
: accrued days
M
: number of coupon payments per year (1=annual, 2=semi annual)
N
: number of coupon payments between settlement date and maturity date
RDV
: 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
INT
: accrued interest
CST
: price including interest
• For one or fewer coupon period to redemption
• For more than one coupon period to redemption
PRC = – PRC = –
(1+ (1+
A A
× ×
INT = – INT = –
D D
u Annual Yield (YLD)
YLD is calculated using Newton's Method.
Press 4(BOND) from the Financial 2 screen to display the following input screen for Bond
calculation.
6( g) 4(BOND)
RDV + RDV +
– –
PRC = PRC =
B B YLD/100 YLD/100
× ×
1+ ( 1+ (
D D
RDV RDV
– –
YLD/100 YLD/100
(N–1+B/D ) (N–1+B/D )
) )
M M
CPN CPN
CST = PRC + INT CST = PRC + INT
M M
CPN CPN
M M
A A CPN CPN
× ×
+ ( + (
D D M M
) )
M M
CPN CPN
M M
Σ Σ N N
YLD/100 YLD/100
k=1 k=1
(k–1+B/D ) (k–1+B/D )
(1+ (1+ ) )
M M
7-18
) )
A A CPN CPN
× ×
+ +
D D M M