Bond Computations

Robert Zuch, White Plains High School, White Plains,
New York

The Bond Computations program provides for the valuation of
coupon bonds. Given the settlement date, maturity date,
par value, coupon rate, and either the yield rate or dollar
price of the bond, the program will find the yield rate or dollar
price, the principal, accrued interest, and the final money.
The program will evaluate bonds called before maturity, and
will provide for a commission on the dollar price of the bond.

Minimum Hardware:
4K PDP-8, TTY, Tape Reader
Other Programs Needed:
FOCAL 4-word overlay
Source Language:
FOCAL 1969

Catalog: July 1973