How To Use Excel Yield Function

Returns the yield on a security that pays periodic interest.

How to use excel yield function. Useful in arriving at bond yields. But coupons per year is 2. We can use the function to find out the yield. Years to maturity of the bond is 5 years. Rate nper pmt pv fv type guess here nper total number of periods of the bond maturity.

So nper is 5 x 2 10. Error occurs when. The formula used to calculate the yield is. Double click on yield function. The formula to use will be.

Select the cell g15 where the yield function needs to be applied. Yield function in excel. Yield function returns yield as percentage value. Syntax yield settlement maturity rate pr redemption frequency basis. Yield function is excel returns is calculated using some arguments based on terms on security.

Yield function helps to calculate the yied on a security that pays periodic interest. The yield function returns the yield on a security that pays periodic interest. In simple words the yield function is used to determine the bond yield. In the above example. This article describes the formula syntax and usage of the yield function in microsoft excel.

The syntax of rate function. Yield settlement maturity rate pr redemption frequency basis settlement settlement date of the security. As recommended by microsoft the date arguments were entered as references to cells containing dates. Yield c4 c5 c6 c7 c8 c9 c10 the yield function returns the yield of security. Click the insert function button fx under the formula toolbar a dialog box will appear type the keyword yield in the search for a function box yield function will appear in select a function box.