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
of 278
 
Appendix E: Formulas Used 253
File name: hp 12c pt_user's guide_English_HDPMF123E27 Page: 253 of 275
Printed Date: 2005/8/1 Dimension: 14.8 cm x 21 cm
Bonds
Reference:
Jan Mayle, TIPS Inc., Standard Securities Calculation Methods, Volume 1, Third
Edition, Securities Industry Association Inc., New York, 1993.
DIM = days between issue date and maturity date.
DSM = days between settlement date and maturity date.
DCS = days between beginning of current coupon period and
settlement date.
E = number of days in coupon period where settlement occurs.
DSC = EDCS = days from settlement date to next 6–month coupon
date.
N = number of semiannual coupons payable between settlement
date and maturity date.
CPN = annual coupon rate (as a percentage).
YIELD = annual yield (as a percentage).
PRICE = dollar price per $100 par value.
RDV = redemption value.
For semiannual coupon with 6 months or less to maturity:
×
×+
+
=
2
)
2
(100
)
2
(100
CPN
E
DCS
YIELD
E
DSM
CPN
RDV
PRICE
For semiannual coupon with more than 6 months to maturity:
×
+
+
+
=
=
+
+
E
DCSCPN
YIELD
CPN
YIELD
RDV
PRICE
N
K
E
DSC
K
E
DSC
N
2
200
1
2
200
1
1
1
1