Financial =DURATION(settlement, maturity, coupon, yld, frequency, [basis])

Quiz =DURATION — 10 Questions

10 quiz questions about =DURATION — test syntax, arguments, examples & errors!

Questions: 10 questions 15 questions Random 10 or 15 questions from the pool + shuffled options each time

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Progress — 10 questions 1 of 10

Question 1 of 10 1/10

What usually causes #NUM! in =DURATION?

Question 2 of 10 2/10

Which use case fits =DURATION?

Question 3 of 10 3/10

Which function is NOT related to =DURATION?

Question 4 of 10 4/10

What is the type of argument “yld” in =DURATION?

Question 5 of 10 5/10

What is the fix for #VALUE! in =DURATION?

Question 6 of 10 6/10

Which function is related to =DURATION?

Question 7 of 10 7/10

Is argument “frequency” required in =DURATION?

Question 8 of 10 8/10

How many required arguments does =DURATION have?

Question 9 of 10 9/10

How many optional arguments does =DURATION have?

Question 10 of 10 10/10

Which category does =DURATION belong to?

Click a question to see the answer.

1. What usually causes #NUM! in =DURATION?

A. Only works in old versions
B. If coupon < 0 or if yld < 0, DURATION returns the #NUM! error value. If frequency is any number other than 1, 2, or 4, DURATION returns the #NUM! error value. If basis < 0 or if basis > 4, DURATION returns the #NUM! error value. If settlement ≥ maturity, DURATION returns the #NUM! error value. ✓
C. Requires add-in
D. Output is always a dynamic array

Explanation: If coupon < 0 or if yld < 0, DURATION returns the #NUM! error value. If frequency is any number other than 1, 2, or 4, DURATION returns the #NUM! error value. If basis < 0 or if basis > 4, DURATION returns the #NUM! error value. If settlement ≥ maturity, DURATION returns the #NUM! error value. — Fix: Check the order of the dates and the input values

2. Which use case fits =DURATION?

A. Financial Calculations ✓
B. Ranking & Top N
C. Numbering & Sample Data
D. Lookup & Retrieval

Explanation: Use case “Financial Calculations” fits DURATION.

3. Which function is NOT related to =DURATION?

A. PRICE
B. PROB ✓
C. YIELD
D. MDURATION

Explanation: “PROB” is not related to DURATION.

4. What is the type of argument “yld” in =DURATION?

A. Text
B. Reference
C. Number ✓
D. Value

Explanation: Type of “yld” is “Number”.

5. What is the fix for #VALUE! in =DURATION?

A. Only works in old versions
B. Text is always ignored
C. Output is always a dynamic array
D. تاریخ‌ها را با تابع DATE وارد کنید و مطمئن شوید سلول‌ها واقعاً تاریخ هستند، نه متن. ✓

Explanation: If settlement or maturity is not a valid date, DURATION returns the #VALUE! error value. — Fix: تاریخ‌ها را با تابع DATE وارد کنید و مطمئن شوید سلول‌ها واقعاً تاریخ هستند، نه متن.

6. Which function is related to =DURATION?

A. MDURATION ✓
B. LEN
C. ERF
D. PHI

Explanation: “MDURATION” is related to DURATION.

7. Is argument “frequency” required in =DURATION?

A. No
B. —
C. Yes
D. Yes ✓

Explanation: “frequency” is required.

8. How many required arguments does =DURATION have?

A. 6
B. 4
C. 5 ✓
D. 7

Explanation: =DURATION has 5 required, 1 optional (6 total).

9. How many optional arguments does =DURATION have?

A. 2
B. 1 ✓
C. 0
D. 3

Explanation: =DURATION has 5 required, 1 optional (6 total).

10. Which category does =DURATION belong to?

A. Engineering
B. Financial ✓
C. Information
D. Compatibility

Explanation: Category is “Financial”.