Financial
=MDURATION(settlement, maturity, coupon, yld, frequency, [basis])
Quiz =MDURATION — 15 Questions
15 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
Progress — 15 questions
1 of 15
Question 1 of 15
1/15
What usually causes #NUM! in =MDURATION?
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
Question 2 of 15
2/15
Is argument “maturity” required in =MDURATION?
Explanation: “maturity” is required.
Question 3 of 15
3/15
Is argument “settlement” required in =MDURATION?
Explanation: “settlement” is required.
Question 4 of 15
4/15
In =MDURATION, which is argument #2?
Explanation: Argument #2 is “maturity”.
Question 5 of 15
5/15
Which category does =MDURATION belong to?
Explanation: Category is “Financial”.
Question 6 of 15
6/15
What is the type of argument “maturity” in =MDURATION?
Explanation: Type of “maturity” is “Date”.
Question 7 of 15
7/15
What is the fix for #NUM! in =MDURATION?
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
Question 8 of 15
8/15
What is the type of argument “yld” in =MDURATION?
Explanation: Type of “yld” is “Number”.
Question 9 of 15
9/15
In =MDURATION, which is argument #3?
Explanation: Argument #3 is “coupon”.
Question 10 of 15
10/15
In =MDURATION, which is argument #1?
Explanation: Argument #1 is “settlement”.
Question 11 of 15
11/15
Which function is related to =MDURATION?
Explanation: “DURATION” is related to MDURATION.
Question 12 of 15
12/15
What is the type of argument “frequency” in =MDURATION?
Explanation: Type of “frequency” is “Number”.
Question 13 of 15
13/15
How many optional arguments does =MDURATION have?
Explanation: =MDURATION has 5 required, 1 optional (6 total).
Question 14 of 15
14/15
How many arguments does =MDURATION have in total?
Explanation: =MDURATION has 5 required, 1 optional (6 total).
Question 15 of 15
15/15
Which use case fits =MDURATION?
Explanation: Use case “Financial Calculations” fits MDURATION.