YIELDDISC

YIELDDISC(arg1, arg2, arg3, arg4, arg5) → { number | string | boolean }

Returns the annual yield for a discounted security. For example, a treasury bill.

Parameters:

Name Type Description
arg1 any

Is the security's settlement date, expressed as a serial date number.

arg2 any

Is the security's maturity date, expressed as a serial date number.

arg3 any

Is the security's price per $100 face value.

arg4 any

Is the security's redemption value per $100 face value.

arg5 any

Is the type of day count basis to use.

Returns:

Type
number | string | boolean