Financial =PRICEMAT(settlement, maturity, issue, rate, yld, [basis])

Quiz =PRICEMAT — 10 Questions

10 quiz questions about =PRICEMAT — 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 is the type of argument “settlement” in =PRICEMAT?

Question 2 of 10 2/10

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

Question 3 of 10 3/10

Which is the correct syntax of =PRICEMAT?

Question 4 of 10 4/10

What is the output type of =PRICEMAT?

Question 5 of 10 5/10

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

Question 6 of 10 6/10

Which function is NOT related to =PRICEMAT?

Question 7 of 10 7/10

Is argument “settlement” required in =PRICEMAT?

Question 8 of 10 8/10

What usually causes #NUM! in =PRICEMAT?

Question 9 of 10 9/10

In =PRICEMAT, which is argument #2?

Question 10 of 10 10/10

Which function is related to =PRICEMAT?

Click a question to see the answer.

1. What is the type of argument “settlement” in =PRICEMAT?

A. Text
B. Logical
C. Date ✓
D. Value

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

2. What is the type of argument “rate” in =PRICEMAT?

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

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

3. Which is the correct syntax of =PRICEMAT?

A. =PRICEMAT(settlement, maturity, issue, rate, yld, [basis], 0)
B. =ACCRINTM(settlement, maturity, issue, rate, yld, [basis])
C. PRICEMAT(settlement, maturity, issue, rate, yld, [basis])
D. =PRICEMAT(settlement, maturity, issue, rate, yld, [basis]) ✓

Explanation: Correct syntax: =PRICEMAT(settlement, maturity, issue, rate, yld, [basis])

4. What is the output type of =PRICEMAT?

A. Value
B. Number ✓
C. Mixed
D. Array

Explanation: Output is “Number”.

5. What is the type of argument “basis” in =PRICEMAT?

A. Number ✓
B. Text
C. Value
D. Array

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

6. Which function is NOT related to =PRICEMAT?

A. YIELDMAT
B. PRICE
C. ACCRINTM
D. CHISQ.DIST ✓

Explanation: “CHISQ.DIST” is not related to PRICEMAT.

7. Is argument “settlement” required in =PRICEMAT?

A. —
B. Yes ✓
C. Yes
D. No

Explanation: “settlement” is required.

8. What usually causes #NUM! in =PRICEMAT?

A. Only works in old versions
B. Requires add-in
C. Select entire column for best performance
D. If rate < 0 or if yld < 0, PRICEMAT returns the #NUM! error value. If basis < 0 or if basis > 4, PRICEMAT returns the #NUM! error value. If settlement ≥ maturity, PRICEMAT returns the #NUM! error value. ✓

Explanation: If rate < 0 or if yld < 0, PRICEMAT returns the #NUM! error value. If basis < 0 or if basis > 4, PRICEMAT returns the #NUM! error value. If settlement ≥ maturity, PRICEMAT returns the #NUM! error value. — Fix: Check the order of the dates and the input values

9. In =PRICEMAT, which is argument #2?

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

Explanation: Argument #2 is “maturity”.

10. Which function is related to =PRICEMAT?

A. LINEST
B. BIN2OCT
C. ACCRINTM ✓
D. FALSE

Explanation: “ACCRINTM” is related to PRICEMAT.