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.