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

Quiz =MDURATION — 10 Questions

10 quiz questions about =MDURATION — 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

Does =MDURATION return a dynamic array?

Question 2 of 10 2/10

In =MDURATION, which is argument #2?

Question 3 of 10 3/10

How many arguments does =MDURATION have in total?

Question 4 of 10 4/10

Is argument “settlement” required in =MDURATION?

Question 5 of 10 5/10

Is argument “frequency” required in =MDURATION?

Question 6 of 10 6/10

Is argument “basis” required in =MDURATION?

Question 7 of 10 7/10

How many required arguments does =MDURATION have?

Question 8 of 10 8/10

What is the fix for #NUM! in =MDURATION?

Question 9 of 10 9/10

Which function is NOT related to =MDURATION?

Question 10 of 10 10/10

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

Click a question to see the answer.

1. Does =MDURATION return a dynamic array?

A. No ✓
B. No
C. Yes
D. —

Explanation: MDURATION does not spill.

2. In =MDURATION, which is argument #2?

A. lookup_value
B. maturity ✓
C. range
D. settlement

Explanation: Argument #2 is “maturity”.

3. How many arguments does =MDURATION have in total?

A. 5
B. 6 ✓
C. 8
D. 7

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

4. Is argument “settlement” required in =MDURATION?

A. No
B. Yes ✓
C. Yes
D. —

Explanation: “settlement” is required.

5. Is argument “frequency” required in =MDURATION?

A. Yes
B. Yes ✓
C. —
D. No

Explanation: “frequency” is required.

6. Is argument “basis” required in =MDURATION?

A. No
B. No ✓
C. —
D. Yes

Explanation: “basis” is optional.

7. How many required arguments does =MDURATION have?

A. 5 ✓
B. 4
C. 7
D. 6

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

8. What is the fix for #NUM! in =MDURATION?

A. Volatile and recalculates every time
B. Only works in old versions
C. Text is always ignored
D. Check the order of the dates and the input values ✓

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

9. Which function is NOT related to =MDURATION?

A. MDURATION_X
B. DURATION
C. ODDLYIELD ✓
D. PRICE

Explanation: “ODDLYIELD” is not related to MDURATION.

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

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

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