YIELD

Function Type: Financial

Description:

Returns the yield on a security that pays periodic interest.

Function Structure:

=YIELD(settlement, maturity, rate, pr, redemption, frequency, [basis]).

Argument Breakdown:

settlement – This is the settlement date of the security. It is a date after the security is traded to the buyer that is after the issue date.

maturity – This is the maturity date of the security. It is the date when the security expires.

rate – The annual coupon rate.

pr – The price of the security per $100 face value.

redemption – This is the redemption value per $100 face value.

frequency – The number of coupon payments per year. It must be one of the following: 1 = Annually, 2 = Semi-annually, 4 = Quarterly.

basis – Specifies the financial day count basis that is used by the security.

Example:

If you need instant expert help with Excel or Google Sheets, please visit my fiverr gig.

Back to Learn Excel->

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: