HP 12c Solutions Handbook page 70

n: Unused
PV: Unused
FV: Unused
Settl. date
R :
1
R : 360 or 360
3
R : dis./price
5
1. Key in the program.
2. Press
3. Key in the settlement date (MM.DDYYYY) and press
4. Key in the maturity date (MM.DDYYYY) and press
5. Key in the number of days in a year (360 or 365) and press
6. Key in the redemption value per $100 and press
7. To calculate the purchase price:
a. Key in the discount rate and press
b. Press
c. Press
d. For a new case, go to step 3.
8. To calculate the yield when the price is known:
a. Key in the price and press
b. Press
c. For a new case, go to step 3.
Example 1: Calculate the price and yield on this U.S. Treasury Bill:
settlement date October 8, 1980; maturity date March 21, 1981; discount
rate 7.80%. Compute on a 360 day basis.
Keystrokes
10.081920
REGISTERS
.
to calculate the purchase price.
to calculate the yield.
15
Display
10.08
1
i: Unused
PMT: Unused
R : Unused
0
R : Mat. date
2
R : redemp. value
4
R -R : Unused
6 .5
5.
5.
to calculate the yield.
Settlement date.
69
1.
2.
3.
4.