Owner's Manual

Table Of Contents
Term Definition
call premium. The calculator treats the redemption
value in terms of dollars per $100 of par value.
Settlement Date
The date on which a bond is exchanged for funds.
Yield to Maturity
The rate of return earned from payments of principal
and interest, with interest compounded semiannually
at the stated yield rate. The yield to maturity takes
into account the amount of premium or discount, if
any, and the time value of the investment.
Entering Bond Data and Computing Results
To compute values for price (PRI) or yield (YLD) and accrued interest (AI), first
enter the four known values for settlement date (SDT), coupon rate (CPN),
redemption date (RDT), and redemption value (RV).
If necessary, change the day-count method (ACT or 360) and coupon-
frequency (2/Y or 1/Y). The Bond worksheet stores all values and settings until
you clear the worksheet or change the values and settings.
Entering Known Bond Values
1. Press & l. The current
SDT value appears.
2. To clear the worksheet, press & z.
3. If necessary, key in a new SDT value and press !.
4. Repeat step 3 for CPN, RDT, and RV, pressing # once for each variable.
Note: To enter dates, use this convention: mm.ddyy (US) or dd.mmyy
(European).
Setting the Bond Day-Count Method and Coupon Frequency
1. To display the day-count method, press # until
ACT or 360 appears.
2. To change the day-count method, press & V.
3. To display the coupon frequency, press # until 2/Y or 1/Y appears.
4. To change the coupon frequency, press & V.
Computing the Bond Price (PRI)
1. Press # until
YLD appears.
Bond Worksheet 55