Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Posted to microsoft.public.excel.worksheet.functions
DDR
 
Posts: n/a
Default 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?
  #2   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Gary L Brown
 
Posts: n/a
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

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?

  #3   Report Post  
Posted to microsoft.public.excel.worksheet.functions
Fred Smith
 
Posts: n/a
Default 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?



Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Dynamic Range with unused formula messing up x axis on dynamic graph [email protected] Charts and Charting in Excel 2 February 2nd 06 08:02 PM
Formula for int. paid when extra monthly pmts are made. Mortgage Man Excel Discussion (Misc queries) 2 November 2nd 05 11:22 PM
Need formula for cumulative interest with additional monthly princ Mortgage Man Excel Discussion (Misc queries) 0 October 24th 05 07:39 PM
Using Frequency formula jimbo Excel Discussion (Misc queries) 4 August 31st 05 10:33 AM
Modify A SumProduct Formula carl Excel Worksheet Functions 2 June 15th 05 06:22 PM


All times are GMT +1. The time now is 03:57 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"