Calculation Formulas - Casio ClassPad 330 User Manual

Calculation Formulas
Issue date
Purchase date (d1)
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 until maturity
( n is used when "Term" is specified for [Bond Interval] in the [Format] tab.)
RDV : redemption price per $100 of face value
D
: number of days in coupon period where settlement occurs
B
: number of days from purchase date until next coupon payment date = D – A
INT : accrued interest
CST : price including interest
u Price per $100 of face value (PRC)
Bond Interval Setting: Date
• For one or fewer coupon period to redemption
PRC = –
1+ (
PRC = –
1+ (
• For more than one coupon period to redemption
PRC = –
(1+
PRC = –
A (1+
INT = –
D
A
INT = –
CST = PRC + INT
D
CST = PRC + INT
Bond Calculation
D
A B
Redemption date (d2)
Coupon Payment dates
CPN
RDV +
M
A
CPN
+ (
RDV +
D
B YLD/100
M
A
×
)
D M + (
D
B YLD/100
×
)
D M
RDV
N
Σ
–
YLD/100
k
RDV
=1
(N–1+B/D) N
)
Σ
M –
YLD/100
k
=1
(N–1+B/D)
CPN )
M
×
M
CPN
×
M
15-10-4
CPN
×
)
M
CPN
×
)
M
CPN
M
CPN
YLD/100
M
(k–1+B/D)
(1+ )
+
M
YLD/100
(k–1+B/D)
(1+ )
M
20060301
A CPN
×
+
D M
A CPN
×
D M