Excel Function : YIELDDISC
Category
Financial
Description
Returns the annual yield for a discounted security; for example, a Treasury bill
Microsoft Excel Reference Page
https://support.office.com/en-us/article/YIELDDISC-function-a9dbdbae-7dae-46de-b995-615faffaaed7
Syntax and Description of the YIELDDISC Excel Function
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About YIELDDISC Excel Function
YIELDDISC calculates the annual yield for a discounted security. The syntax for YIELDDISC is: YIELDDISC(settlement, maturity, price, redempti Discounted securities are securities that are sold at a price that is less than their face value. The face value is the amount that will be paid to the holder of the security when it matures. The difference between the face value and the sale price is the discount. YIELDDISC calculates the annual yield for a discounted security. The yield is the percentage rate of return that the investor will receive on the security. The settlement date is the date that the security is purchased.
