Program: BSF
By: David Billigmeier

   What this program does is determines
the exact value of the yield rate on a
bond given Face Value (F), Redemption
value (C), Present Value (P), coupon
rate (r) and number of years (n).

HOW TO USE:
   Start the program and enter in all of
the inputs (F,r,P,C, and n).  The program
will now tell you a very rough estimate of
the yield rate (i) using a very well
known formula called the Bond Salesman
Formula (BSF).  The next prompt will tell
you to enter your next guess for i. You
have 2 options here.  You can either enter
"e" (2nd->divide symbol) which will
determine the exact value automatically, or
you can keep entering guesses.  With each 
enter of those guesses you will get a better
estimate for i.  Doing it this way is good on
tests, because it will show you all the steps.


Feel free to modify this program to better fit
your needs, open it up and check it out.  Feel
free to contact me with any questions.  You can
get a recent email address for me on my web 
page:  www.dbpics.com