YIELDDISC (PQL - xl)

This function calculates the annual yield for a discounted security

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module

Syntax

YIELDDISC(settlement, maturity, pr, redemption, OPTIONAL basis)

Function Arguments

Name

Description

Type

Optional

settlement

Settlement date for the security

StringOrNumber

maturity

Maturity date for the security

StringOrNumber

pr

Price per $100 face value for the security

Number

redemption

Redemption value per $100 face value

Number

basis

Integer representing the basis for day count

Number

Y

Comments

This function is the same as the Microsoft Excel 'YIELDDISC' function - using the same inputs, logic and outputs.