Casio fx-9750GII User Manual page 210

• For more than one coupon period to redemption
PRC = – PRC = –
(1+ (1+
A A
– –
D D
Annual Yield (YLD)
YLD is calculated using Newton's Method.
Press (BOND) from the Financial 2 screen to display the following input screen for Bond
calculation.
( ) (BOND)
d1.......... purchase date (month, date, year)
d2.......... redemption date (month, date, year)
RDV
...... redemption price per $100 of face value
CPN
...... coupon rate
PRC
...... price per $100 of face value
YLD
...... annual yield
After configuring the parameters, use one of the function menus noted below to perform the
corresponding calculation.
• {PRC} ... {Calculate the bond's price (PRC), accrued interest (INT), and cost of bond (CST)}
• {YLD} ... {Calculate the yield to maturity}
Calculation Result Output Examples
{PRC}
An error (Ma ERROR) occurs if parameters are not configured correctly.
Use the following function menu to maneuver between calculation result screens.
• {REPT} ... {parameter input screen}
• {GRPH} ... {draws graph}
• {MEMO} ... {displays numbers of days used in calculations}
RDV RDV
– –
YLD/100 YLD/100
(N–1+B/D ) (N–1+B/D )
) )
CPN CPN
{PRC} − {GRPH}
7-15
CPN CPN
N N
YLD/100 YLD/100
k=1 k=1
(k–1+B/D ) (k–1+B/D )
(1+ (1+ ) )
+ +
A A CPN CPN
+ +
D D
{PRC} − {MEMO}