Financial =PRICE(settlement, maturity, rate, yld, redemption, frequency, [basis])

Quiz =PRICE — 10 Questions

10 quiz questions about =PRICE — 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

Is argument “maturity” required in =PRICE?

Question 2 of 10 2/10

How many required arguments does =PRICE have?

Question 3 of 10 3/10

What is the type of argument “frequency” in =PRICE?

Question 4 of 10 4/10

Is argument “settlement” required in =PRICE?

Question 5 of 10 5/10

What usually causes #NUM! in =PRICE?

Question 6 of 10 6/10

What is the type of argument “rate” in =PRICE?

Question 7 of 10 7/10

Is argument “redemption” required in =PRICE?

Question 8 of 10 8/10

Is argument “rate” required in =PRICE?

Question 9 of 10 9/10

Which function is NOT related to =PRICE?

Question 10 of 10 10/10

Which function is related to =PRICE?

Click a question to see the answer.

1. Is argument “maturity” required in =PRICE?

A. No
B. Yes
C. —
D. Yes ✓

Explanation: “maturity” is required.

2. How many required arguments does =PRICE have?

A. 8
B. 6 ✓
C. 5
D. 7

Explanation: =PRICE has 6 required, 1 optional (7 total).

3. What is the type of argument “frequency” in =PRICE?

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

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

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

A. Yes
B. Yes ✓
C. No
D. —

Explanation: “settlement” is required.

5. What usually causes #NUM! in =PRICE?

A. Requires add-in
B. Text is always ignored
C. مقدار settlement یا maturity تاریخ معتبری نیست.
D. If yld < 0 or if rate < 0, PRICE returns the #NUM! error value. If redemption ≤ 0, PRICE returns the #NUM! error value. If frequency is any number other than 1, 2, or 4, PRICE returns the #NUM! error value. If basis < 0 or if basis > 4, PRICE returns the #NUM! error value. If settlement ≥ maturity, PRICE returns the #NUM! error value. ✓

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

6. What is the type of argument “rate” in =PRICE?

A. Text
B. Number ✓
C. Date
D. Value

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

7. Is argument “redemption” required in =PRICE?

A. Yes
B. No
C. Yes ✓
D. —

Explanation: “redemption” is required.

8. Is argument “rate” required in =PRICE?

A. Yes ✓
B. No
C. —
D. Yes

Explanation: “rate” is required.

9. Which function is NOT related to =PRICE?

A. PV
B. DURATION
C. PRICEDISC
D. ACCRINT ✓

Explanation: “ACCRINT” is not related to PRICE.

10. Which function is related to =PRICE?

A. ROMAN
B. SWITCH
C. XIRR
D. DURATION ✓

Explanation: “DURATION” is related to PRICE.