INTRATE

Function Type: Financial

Description:

Returns the interest rate for a fully invested security.

Function Structure:

=INTRATE(settlement, maturity, investment, redemption, [basis]).

Argument Breakdown:

settlement – Settlement date of the security.

maturity – Maturity date of the security.

investment – The amount originally invested.

redemption – The amount received at maturity.

basis – Day count basis.

Example:

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