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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217
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 217 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
Section 16
Bonds
30/360 Day Basis Bonds
A bond is a contract to pay interest, usually semiannually, at a given rate (coupon)
and to pay the principal of the bond at some specified future date. A bond which
is calculated on a 30/360 day basis is one in which the day count basis is
computed using 30 days in a month and 360 days in a year.
The following program solves for the price given the yield or for the yield given the
price of a semiannual coupon bond which is calculated on a 30/360 day basis
and is held for more than six months.
KEYSTROKES
(RPN mode)
DISPLAY
KEYSTROKES
(ALG mode)
DISPLAY
fs
fs
f
CLEAR
Î
000,
f
CLEAR
Î
000,
f
CLEAR
G
001, 42 34
f
CLEAR
G
001, 42 34
002, 43 7
002, 43 7
:
2
003, 45 2
:
2
003, 45 2
2
004, 2
z
004, 10
z
005, 10
2
005, 2
P
006, 14
P
006, 14
:
5
007, 45 5
+
007, 40
+
008, 40
:
5
008, 45 5
M
009, 15
M
009, 15
:
3
010, 45 3
:
3
010, 45 3
:
4
011, 45 4
:
4
011, 45 4
012, 43 26
012, 43 26
d
013, 33
d
013, 33