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Table 5-1 Bond Menu Items
Variable Description
Call Call value. Default is set for a call price per 100.00 face value. A bond at maturity
has a call value of 100% of its face value. Note: input only.
Yield% Yield% to maturity or yield% to call date for given price. Note: input/output.
Price Price per 100.00 face value for a given yield. Note: input/output.
Accrued Interest accrued from the last coupon or payment date until the settlement date for
a given yield. Note: this item is Read-only.
Actual/Cal.360 Actual (365-day calendar) or Cal.360 (30-day month/360-day year calendar).
Press I to toggle between these options.
Annual/Semiannual
Bond coupon (payment) frequency. Press I to toggle between these
options.
Bond Calculation Example
What price should you pay on April 28, 2010 for a 6.75% U.S. Treasury bond maturing on June 4, 2020, if you want a
yield of 4.75%? Assume the bond is calculated on a semiannual coupon payment on an actual/actual basis. See Table 5-
2. The example below is shown with RPN as the active operating mode.
Table 5-2 Bond Calculation Example
Key Display Description
B
Opens the Bond menu.
>
Scrolls to bond coupon (payment) frequency.
I
Selects semiannual coupon payment, as required by the
example.
<4.28
2010
I
Inputs April 28, 2010 for the settlement date (
mm.ddyyyy
format).
<6.04
2020
I
Inputs June 4, 2020 for the maturity date.
<6.75
I
Inputs
6.75%
for the value for
CPN%
.