4.7

Out of 3 Ratings

Owner's of the HP (Hewlett-Packard) Calculator HP 12C Financial Calculator gave it a score of 4.7 out of 5. Here's how the scores stacked up:
  • Reliability

    5.0 out of 5
  • Durability

    5.0 out of 5
  • Maintenance

    5.0 out of 5
  • Performance

    5.0 out of 5
  • Ease of Use

    3.5 out of 5
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194 Section 13: Investment Analysis
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 194 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
Black-Scholes Formula for Valuing European Options
This program implements the Black-Scholes formula which has been used
extensively in option markets worldwide since its publication in the early 1970’s.
The five inputs are simply keyed into the five financial variables and then
t
displays the call option value, and
~
shows the put option value. The option
values produced are accurate to at least the nearest cent for asset and strike prices
under $100.
Reference:
Tony Hutchins, 2003, Black-Scholes takes over the HP12C, HPCC
(www.hpcc.org) Datafile, V22, N3, pp13-21.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(ALG mode)
DISPLAY
fs
fs
f
CLEAR
Î
000,
f
CLEAR
Î
000,
:n
001, 45 11
:n
001, 45 11
002, 45 12
§
002, 20
b
003, 25
003, 45 12
Þ
004, 16
b
004, 25
g>
005, 43 22
}
005, 36
:M
006, 45 15
Þ
006, 16
§
007, 20
g>
007, 43 22
?
4
008, 44 4
§
008, 20
~
009, 34
:M
009, 45 15
gr
010, 43 21
}
010, 36
:P
011, 45 14
?
4
011, 44 4
b
012, 25
:n
012, 45 11
?
3
013, 44 3
gr
013, 43 21
:$
014, 45 13
§
014, 20
:
4
015, 45 4
:P
015, 45 14
z
016, 10
b
016, 25