Using the HP-12C, we key in: PV = 98.065; n = 7; PMT = -9.25; FV = -100.00; and solve for / to obtain a redemption yield equivalent to the all-in cost of 9.6428% p. a. annual. (Note: do not clear HP-12C registers; needed for next calculation.) 2.
Title | : | Guide to eurobonds |
Author | : | Noël Clarke, Robert Chillcott |
Publisher | : | - 1990 |
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