Error 7: Irr; Error 8: Calendar; Error 9: Service; Pr Error - HP 0012C-90001 User Manual

184 Appendix C: 184 Appendix C: Error Conditions Error Conditions
184 184 Appendix C: Appendix C: Error Conditions Error Conditions

Error 7: IRR

Error 7: IRR Error 7: IRR Error 7: IRR
Refer to Appendix B.

Error 8: Calendar

Error 8: Calendar
Error 8: Calendar Error 8: Calendar
Operation Operation
Operation Operation
Ò
D
D
E
S
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Error 9: Service

Error 9: Service Error 9: Service Error 9: Service
Refer to Appendix E.

Pr Error

Pr Error Pr Error Pr Error
Continuous Memory has been reset. (Refer to Continuous Memory, page

70.)
You have reset the calculator using the reset hole (see page 194).

*
This is the case for the 31st of March, May, August, October, and December, plus August 29
(except in a leap year) and 30. For example, there is no September 31, so March 31 has no
corresponding coupon date 6 months earlier.
To correct this problem for all maturity dates except August 29 and 30, add one day to
the settlement date and
purchased on June 1, 2004 (the settlement date) with a maturity date of December 31, 2005,
you should change the dates to June 2, 2004 and January 1, 2006 for your calculations.
For August 29 and 30, there is no calculator solution that gives the correct answer.
Condition Condition
Condition Condition
Improper date format or illegal date.
Attempting to add days beyond calculator's date
capacity.
Improper date format or illegal date.
More than 500 years between settlement
(purchase) date and maturity (redemption) date.
Maturity date earlier than settlement date.
Maturity date has no corresponding coupon date
(6 months earlier).
the maturity date in your calculations. For instance, if a bond were
*
both