Quants and Fixed Income

dharde9
Good Student
Posts: 12
Joined: Fri Aug 21, 2015 4:46 am

Quants and Fixed Income

Postby dharde9 » Sat Aug 22, 2015 11:56 am

on BA ii plus pro calculator PMT and FV should have opposite signs ....is this only applicable for annuity calculation like if I am calculating 'N' because in bond valuation if I have to calculate Market value and I use opposite signs the answer is wrong

edupristine
Finance Junkie
Posts: 722
Joined: Wed Apr 09, 2014 6:28 am

Re: Quants and Fixed Income

Postby edupristine » Sat Aug 22, 2015 12:06 pm

Please post the specific question in which you are facing the problem. So that we can help you out with the complete calculator solution.

dharde9
Good Student
Posts: 12
Joined: Fri Aug 21, 2015 4:46 am

Re: Quants and Fixed Income

Postby dharde9 » Sat Aug 22, 2015 12:58 pm

A 20 year 10% annual bond has a par value of 1000 what is price of bond if YTM = 15%? Now I have to keep signs same for FV=1000 and coupon payment PMT=100 to get right answer but suppose if I have to calculate N on calculator if it's missing figure the sign of PMT and FV or PMT and PV should be opposite.


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