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Posted to microsoft.public.excel.worksheet.functions
Gary L Brown
 
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Default Can I modify the YIELD formula to use a monthly frequency?


YIELD(settlement,maturity,rate,pr,redemption,frequ ency,basis)

Frequency is the number of coupon payments per year. For annual payments,
frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4;
for monthly, frequency = 12 .


HTH,
--
Gary Brown

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"DDR" wrote:

I want to use the YIELD function for payments received monthly. Is there a
way to include 12 in the frequency?