Can I modify the YIELD formula to use a monthly frequency?
 

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

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?

Can I modify the YIELD formula to use a monthly frequency?
 

While this would make eminent sense, unfortunately, Yield does not support
monthly payments. A frequency of 12 gets you a #Num error.

Many people have requested this enhancement. Hopefully Microsoft will support
this in the next release.

--
Regards,
Fred


"Gary L Brown" wrote in message
...

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

If this post was helpful, please click the ''Yes'' button next to ''Was this
Post Helpfull to you?''.


"DDR" wrote:

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