14: Additional Examples 217
File name : 17BII-Plus-Manual-E-PRINT-030709 Print data : 2003/7/11
The following example assumes that you have entered the NOTE
equations into the Solver. For instructions on entering Solver equations,
see “Solving Your Own Equations,” on page 30.
Example:Price and Yield of a Discounted Note. What are the price
and yield of the following U.S. Treasury Bill: settlement date October 14,
2003; maturity date March 17, 2004; discount rate 8.7%? (Assume
month/day/year format.)
Select the NOTE:PRICE equation in the Solver.
Keys: Display: Description:
E
" Creates menu.
10.142003
{
"
FH::8#(&#+"
Stores known values.
3.172004
|
8.7
"
A;F7"
100
"
2O"
"
01:8%&#-"
A;F78*&-("
2O8#((&(("
*
52;7H8,'&$." Calculates price.
e]
E
<E:HI@;H9A8"
L2O/52;7HT>"
Displays NOTE:YIELD
equation, then its menu.
"
@;H9A"
@;H9A8,&(+" Calculates yield.
Statistics
Moving Average
Moving averages are often useful in predicting trends in data taken over
a period of time. In moving-average calculations, a specified number of
points is averaged. Each time a new point is acquired, the oldest point
is discarded. Thus, the same number of points is used in each
calculation.