Victor Technology V12 - Manual (Page 29)

V I C T O R T E C H N O L O G Y
29
9.172009 ENTER
9.17
Enters purchase date
11.022017 b PRICE
89.14
Enters maturity date and
calculates bond price (as a % of Par)
. + .
90.98
Calculates total bond price including accrued
interest
To Calculate Bond Yield to Maturity ( . b YTM )
¾ Enter quoted Bond price (as a % of Par); touch PV
¾ Enter coupon rate; touch PMT
¾ Enter purchase date; touch ENTER
¾ Enter redemption date; touch . b YTM
Example
Using the Bond described above, what is the Yield to Maturity if the market
quote for the Bond is 91.42?
ENTRIES DISPLAY
91.42 PV
91.42
Enters market quote
4.9 PMT
4.90
Enters coupon rate
9.172009 ENTER
9.17
Enters purchase date
11.022017 b YTM
6.26
Enters Maturity Date and calculates
yield to maturity
To Calculate Bond Price and Yield for 30/360 Day Basis Bonds with a
semiannual coupon, please reference V12 programming guide at
www.VictorV12.com
.