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YIELDDISC function

Returns the annual yield of a discounted security.

Syntax

=YIELDDISC(settlement, maturity, pr, redemption, [basis])

Arguments

ArgumentRequiredDescription
settlementRequiredThe settlement date
maturityRequiredThe maturity date
prRequiredThe price per 100 face value
redemptionRequiredThe redemption value per 100 face value
basisOptionalThe day count basis, 0 to 4

How to use YIELDDISC

YIELDDISC takes 4 required arguments and 1 optional argument. Type =YIELDDISC( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.

Examples

Each result below was calculated by the SheetsBat formula engine.

=YIELDDISC(DATE(2008,2,16), DATE(2008,3,1), 99.795, 100, 2)Result 0.052822572

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