YIELDDISC function
Returns the annual yield for a discounted security; for example, a Treasury bill
Syntax
YIELDDISC(settlement, maturity, pr, redemption, [basis])Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| settlement | Yes | The security's settlement date."2008-11-11" |
| maturity | Yes | The security's maturity date."2021-3-1" |
| pr | Yes | The security's price per $100 face value.98.45 |
| redemption | Yes | The security's redemption value per $100 face value.100 |
| basis | No | The type of day count basis to use.1 |
Try YIELDDISC
Express a discounted-security yield relative to price
=YIELDDISC(A2,B2,C2,D2,3)The gain of 3 is divided by purchase price 97 and annualised over 181 days. DISC uses redemption 100 as the denominator, so these two rates differ.
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YIELDDISC · top-level call
=YIELDDISC(A2,B2,C2,D2,3)Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.