Monroe 3180 User Manual page 10

NDS
32 Accepts a value in dollars and 32
104 2/32, enter 104.02. The third and fourth decimal positions may be a "5" for an
additional 64
FRACTIONAL PRICE
100 1/32
100 1/32 + 1/64
100 1/32 + 1/128
100 1/32 + 3/128
DISPLAY, 32
TO YIELD Stores the entry of dollar price and calculates the yield of a security. DISPLAY, TO
YIELD diplays the last yield entered or calculated and the equivalent yield according to
the following table:
COUPONS PER YEAR
1 (ANNL)
2 (SEMI)
4 (QTR)
12 (MTH)
NOTE:
CURR Pressing this key computes the current yield for a security after a price o
YIELD yield calculation.
CALL Accepts the call date using the standard date format (Refer to General Entries section).
DATE DISPLAY, CALL DATE BEGIN displays the most recent entry.
BEGIN
CALL Accepts a call price. DISPLAY, CALL PRICE displays the most recent entry.
PRICE
CONV Stores the second coupon rate, as a percentage, for computing a Code 6 securities (Step
COUPON Coupon). DISPLAY, CONV COUPON displays the most recent entry.
CONV Stores the conversion date, using the standard date format. The conversion date
DATE determines when the conversion coupon rate is applied to Code 6 security calculations.
DISPLAY, CONV DATE displays the most recent entry.
CONC Accepts a concession and deducts it from dollar price. If the price is 104.375 and the
concession is .25, the response will be 104.125. DISPLAY, CONC displays the most
recent entry. The concession amount is erased after any price or yield calculation.
NOTE:
yield to "price less concession" is desired simply press TO YIELD when "Price less Conc"
is in the display.
th
, a "35" for 1/128 or a "75" for 3/128. For Example:
ENTER
100.01
100.015
100.0125
100.0175
NDS
converts dollars as a decimal to dollars and 32
For Treasury Bialls, Security Code 5, this key calculates the discount rate and
displays the effective (coupon equivalent) yield.
Concession affects the dollar price only, it does not recalculate a new yield. If
nds
and converts to decimal dollars. For example, for
DISPLAY
100.03125
100.046875
100.0390625
100.0546875
EQUIVALENT YIELD
SEMI-ANNUAL
ANNUAL
SEMI-ANNUAL
SEMI-ANNUAL
MONROE TRADER II
nds
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