User Manual

4: Bond Worksheet 75
Notes about the Bond Worksheet (cont.)
♦
Enter a date for
RDT
(redemption date) in the date format
you selected (U.S. or European). The calculator assumes that
the redemption date (
RDT
) coincides with a coupon date.
<
For “to maturity” calculations, enter the maturity date for
RDT
.
<
For “to call” calculations, enter the call date for
RDT
.
♦
Redemption value (
RV
) is a percentage of the bond’s par
value.
<
For “to maturity” analysis, enter 100 for
RV
.
<
For “to call” analysis, enter the call price for
RV
.
♦
When either
ACT
or
360
is displayed, you can set the day-
count method by pressing
& V
repeatedly to select either
ACT
(actual/actual) or
360
(30/360).
♦
When either
1/Y
or
2/Y
is displayed, you can press
& V
repeatedly to set coupon frequency as
2/Y
(two coupon
payments per year) or
1/Y
(one coupon payment per year).
♦
To compute a value for
YLD
, enter a value for
PRI
.
♦
To compute a value for
PRI
, enter a value for
YLD
.
♦
A value for
AI
is computed automatically in terms of dollars
per $100 of par value.