Hi! I'm trying to calculate a bonds YTM. The bond trades for £110.5, has a coupon of 9% which has just been paid and the next payment will be in exactly one year. The bond has exactly five years until maturity (at £100).
How can I use the HP17BII+ to calculate this? Could do it manually, but if it's possible any suggestions are much appreciated.
Thanks! So, I tried entering "Price" as 110,5, 19.09.2016 as "SETT", 19.09.20.21 as "MAT" (5 years), 9 as CPN% and 30/360 semiannual. The YLD I'm supposed to get is 6,48%, the one I get is 8,144%. Am I doing something wrong in entering the values?