HP 12C User Manual page 221

Keystrokes
(RPN mode)
t
~
+
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
(RPN mode)
0?0
105?1t
104?1t
File name: hp 12c pt_user's guide_English_HDPMF123E27
Printed Date: 2005/8/1
Keystrokes
Display
(ALG mode)
t
103.41
+~
1.33
³
104.74
Keystrokes
Display
(ALG mode)
104.74
0.00
0?0
4.05
105?1t
4.33
104?1t
Page: 221 of 275
Dimension: 14.8 cm x 21 cm
Section 16: Bonds 221
Price to yield 4.5%
(calculated).
Accrued interest
(calculated).
Total price paid.
From previous example.
Yield at 105%
(calculated).
Yield at 104%
(calculated).