How To Use Excel Yield Function
We get the result below.
How to use excel yield function. Check out the image below. Rate nper pmt pv fv type guess here nper total number of periods of the bond maturity. Understand the formula with detailed arguments. Yield function is excel returns is calculated using some arguments based on terms on security. This article describes the formula syntax and usage of the yield function in microsoft excel.
A few things to remember about the yield function. Double click on yield function. Helps to get yield for security that pays periodic interest. In the above example. The excel yield function is categorised under financial function.
In simple words the yield function is used to determine the bond yield. The formula used to calculate the yield is. So nper is 5 x 2 10. Error occurs when. Useful in arriving at bond yields.
Yield c4 c5 c6 c7 c8 c9 c10 the yield function returns the yield of security. Purpose of excel yield function. Years to maturity of the bond is 5 years. Returns the yield on a security that pays periodic interest. You can use excel s rate function to calculate the yield to maturity ytm.
Use yield to calculate bond yield. The yield function returns the yield on a security that pays periodic interest. Yield function returns yield as percentage value. Yield c9 c10 c7 f5 c6 c12 c13 with these inputs the yield function returns 0 08 which or 8 00 when formatted with the percentage number format. In the example shown the formula in f6 is.