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

← DURATION ▦ Practice in Playground

Progress — 10 questions 1 of 10

Question 1 of 10 1/10

Which function is NOT related to =DURATION?

Question 2 of 10 2/10

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

Question 3 of 10 3/10

In =DURATION, which is argument #3?

Question 4 of 10 4/10

Is argument “frequency” required in =DURATION?

Question 5 of 10 5/10

Does =DURATION return a dynamic array?

Question 6 of 10 6/10

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

Question 7 of 10 7/10

Is argument “coupon” required in =DURATION?

Question 8 of 10 8/10

Is argument “basis” required in =DURATION?

Question 9 of 10 9/10

What usually causes #NUM! in =DURATION?

Question 10 of 10 10/10

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

Click a question to see the answer.

1. Which function is NOT related to =DURATION?

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

Explanation: “CUBEKPIMEMBER” is not related to DURATION.

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

A. Reference
B. Array
C. Date
D. Number ✓

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

3. In =DURATION, which is argument #3?

A. value
B. frequency
C. lookup_value
D. coupon ✓

Explanation: Argument #3 is “coupon”.

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

A. Yes
B. —
C. No
D. Yes ✓

Explanation: “frequency” is required.

5. Does =DURATION return a dynamic array?

A. —
B. No ✓
C. Yes
D. No

Explanation: DURATION does not spill.

6. What is the type of argument “basis” in =DURATION?

A. Reference
B. Date ✓
C. Mixed
D. Array

Explanation: Type of “basis” is “Date”.

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

A. No
B. Yes ✓
C. Yes
D. —

Explanation: “coupon” is required.

8. Is argument “basis” required in =DURATION?

A. Yes
B. —
C. No ✓
D. No

Explanation: “basis” is optional.

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

A. مقدار settlement یا maturity تاریخ معتبر نیست.
B. Requires add-in
C. Output is always a dynamic array
D. 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. ✓

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

10. What is the type of argument “maturity” in =DURATION?

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

Explanation: Type of “maturity” is “Date”.