Thread: comprae cells
View Single Post
  #1   Report Post  
Posted to microsoft.public.excel.programming
Arne Hegefors Arne Hegefors is offline
external usenet poster
 
Posts: 244
Default comprae cells

Hello! I have a long list of banks. For every bank there is a rating. The
rating consits of letters and sometimes a plus or minus sign eg AA-, BBB+, A.
On another spreadsheet I have a table that consists of ratings and mean
default rates. The table looks like:
  • AAA 0%
    AA 2%
    A 5%
    BBB 11,2%

What I want to do is to get the mean default rate for every bank based on
the rating. The problem is that the ratings for the banks have the plus/minus
also. Thus I want to ignore them and just pick the rating based on the
letters. Any help very much apreciated! Thanks alot!