YIELDMAT

Function Type: Financial

Description:

Returns the annual yield of a security that pays interest at maturity.

Function Structure:

=YIELDMAT(settlement, maturity, issue, pr, [basis]).

Argument Breakdown:

settlement – This is the settlement date of the security. The date should be after the issue date when the security is traded to the buyer.

maturity – The maturity date of the security. It is expressed as a serial date number.

pr – This is the security’s price per $100 face value.

basis – The type of count day basis to use.

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: