BA II Plus Professional TVM Help

[indox]

When calculating the PV of a bond with a $10 million face value with 5 years remaining to maturity, 8% coupon with semiannual payments, and priced to yield 13.65%, what are the inputs to enter into the BA II Plus Professional?

For some reason, when I input the numbers in the book, the numbers come out completely different, any help would be appreciated...

 

[victorh]

FV: 10m
PMT: 400k
N: 10
I/Y: 13.65 / 2

Check if you're in BGN/END mode. Or your P/Y is set to 1.

 

[daj224]

indox Wrote:
-------------------------------------------------------
> When calculating the PV of a bond with a $10
> million face value with 5 years remaining to
> maturity, 8% coupon with semiannual payments, and
> priced to yield 13.65%, what are the inputs to
> enter into the BA II Plus Professional?
>
> For some reason, when I input the numbers in the
> book, the numbers come out completely different,
> any help would be appreciated...


i use HP12c, but the answer should be $7.99 million

BOOM

 

[indox]

Much appreciated, thanks!