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HP 12C User Manual

HP 12C User Manual

Financial calculator bonds
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HP 12C Bonds
Bonds
Bonds in the HP12C
Practice calculating with bonds

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Summary of Contents for HP 12C

  • Page 1 HP 12C Bonds Bonds Bonds in the HP12C Practice calculating with bonds...
  • Page 2 The HP12C uses the following expression to compute a semiannual coupon with more than 6 months to maturity (don't worry - there is no need to understand the particulars of this long equation to work with bonds on the HP 12C): ...
  • Page 3 Enter the settlement and maturity dates and compute the bond price: 8.102003 \ 5.012018 fE Figure 3 To verify the amount of accrued interest and then calculate the net price: Figure 4 hp calculators - 3 - HP 12C Bonds - Version 1.0...
  • Page 4 (P is automatically set to zero) and set D.MY mode prior to calculate the price. fG gÔ 14 ¼ 19.052003 \ 30.062017 fE Figure 7 Answer: The price for the zero-coupon bond in the example is $14.81 per $100. hp calculators - 4 - HP 12C Bonds - Version 1.0...