Function: NOMINAL

Function: NOMINAL

The Excel NOMINAL function is a Financial formula that calculates and returns the nominal annual interest rate, for a given effective annual interest rate and number of compounding periods per year. The nominal annual interest rate is used for calculating financial...
Excel EFFECT Function

Excel EFFECT Function

The Excel EFFECT function is a Financial formula that calculates and returns the effective annual interest rate, for a given nominal annual interest rate and number of compounding periods per year. The effective annual interest rate is used to compare financial loans...
Function: DURATION

Function: DURATION

The DURATION Excel function is a Financial formula that calculates and returns the annual duration of a security based on the Macauley duration formula. In this guide, we’re going to show you how to use the DURATION function and also go over some tips and error...
Excel YIELD Function

Excel YIELD Function

The Excel YIELD function is a Financial formula that calculates and returns the yield on a security that pays a periodic interest. A common use case for the YIELD function is calculating bond yields. In this guide, we’re going to show you how to use the Excel YIELD...
Function: PRICEMAT

Function: PRICEMAT

The Excel PRICEMAT function is a Financial formula that calculates and returns the price per $100 face value of a security that pays interest at maturity. In this guide, we’re going to show you how to use the PRICEMAT function and also go over some tips and error...
Function: PRICEDISC

Function: PRICEDISC

The PRICEDISC Excel function is a Financial formula that calculates and returns the price per $100 face value of a discounted security. In this guide, we’re going to show you how to use the PRICEDISC function and also go over some tips and error handling methods....
Function: PRICE

Function: PRICE

The Excel PRICE function is a Financial formula that calculates and returns the price per $100 face value of a security that pays periodic interest. In this guide, we’re going to show you how to use the PRICE function and also go over some tips and error handling...
Excel FALSE Function

Excel FALSE Function

The Excel FALSE function is a Logical formula that essentially returns the logical value FALSE. Microsoft says that the FALSE is kept in Excel for the sake of compatibility with other spreadsheet programs. You do not need to use in most cases, except for when using...
TRUE Function in Excel

TRUE Function in Excel

The Excel TRUE function is a Logical formula that essentially returns the logical value TRUE. Microsoft notes that the TRUE function is included in Excel for compatibility with other spreadsheet programs. You do not need to use in most cases, except for when using...