How do you calculate duration of a bond?

The formula for the duration is a measure of a bond’s sensitivity to changes in the interest rate, and it is calculated by dividing the sum product of discounted future cash inflow of the bond and a corresponding number of years by a sum of the discounted future cash inflow.

How do you calculate yield to maturity on HP 10BII+?

To calculate the YTM, just enter the bond data into the TVM keys. We can find the YTM by solving for I/YR. Enter 6 into N, -961.63 into PV, 40 into PMT, and 1,000 into FV. Now, press I/YR and you should find that the YTM is 4.75%.

How do I program my HP 10BII financial calculator?

To do this on the HP 10BII, first clear all prior work, and then use the following steps:

1. Input 10,000 and press the FV key.
2. Input 10 and press the N key.
3. Input 6.5% and press the I/YR key.
4. Input 0 and press the PMT key.
5. Press the PV key to solve for the present value.

Is HP 10bII RPN?

The HP-10B (F1636A) is a student business calculator introduced in 1987. The model of this calculator proved to compete well with the higher end RPN HP-12C. Two versions of the 10B were produced, the first version came with orange lettering around the keys, the later model (in 2000) with teal-green labels.

What is the difference between HP 10bII and HP 10bII +?

The HP 10bII+ is an upgrade of the HP 10bII. Hewlett Packard added more functions like depreciation, probability distribution calculations, bonds, expanded statistic capabilities, and depreciation. The Keyboard – The colors on the HP 10bII+ keyboard are nicer and brighter. The blue shifted functions is clearer.

How are bond calculations performed on a HP 10bII?

Bond calculations are performed on the 10bII+ in the Bond menu. Data or settings are stored in the ten keys which make up the top two rows of the keyboard. The functions used in bond calculations are printed in blue above the keys. The table below lists the keys used in bond calculations and their functionality. Keys.

What’s the difference between the HP 10B and 10bII calculators?

The following table lists the software differences between the HP 10B and HP 10BII calculators. 15 cash flows shared with user registers and statistics. 6 registers shared with Cash flows and user registers. Show the most significant digit rounded by the other digits. (0.00055 shows 0.0006

Where are the bond settings on the 10bII?

Bond calculations are performed on the 10bII+ in the Bond menu. Data or settings are stored in the ten keys which make up the top two rows of the keyboard. The functions used in bond calculations are printed in blue above the keys.

Where are the time value of money keys on the HP 10bII?

Math functions on the HP 10BII. The time value of money keys are located along the top of the calculator and correspond to the 5 components of all time value of money problems (N, I, PV, PMT, and FV). We’ll cover how to use these keys in more detail below, but here’s where these keys are located on the HP 10BII: