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

Quiz =PRICEMAT — 15 Questions

15 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 — 15 questions 1 of 15

Question 1 of 15 1/15

What usually causes #NUM! in =PRICEMAT?

Question 2 of 15 2/15

Which is the correct syntax of =PRICEMAT?

Question 3 of 15 3/15

In =PRICEMAT, which is argument #1?

Question 4 of 15 4/15

Which category does =PRICEMAT belong to?

Question 5 of 15 5/15

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

Question 6 of 15 6/15

Since which Excel version is =PRICEMAT available?

Question 7 of 15 7/15

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

Question 8 of 15 8/15

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

Question 9 of 15 9/15

Which function is NOT related to =PRICEMAT?

Question 10 of 15 10/15

What is the output type of =PRICEMAT?

Question 11 of 15 11/15

Is argument “basis” required in =PRICEMAT?

Question 12 of 15 12/15

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

Question 13 of 15 13/15

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

Question 14 of 15 14/15

What usually causes #VALUE! in =PRICEMAT?

Question 15 of 15 15/15

Is argument “rate” required in =PRICEMAT?

Click a question to see the answer.

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

A. Requires add-in
B. Output is always a dynamic array
C. 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. ✓
D. Text is always ignored

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

2. Which is the correct syntax of =PRICEMAT?

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

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

3. In =PRICEMAT, which is argument #1?

A. basis
B. range
C. criteria
D. settlement ✓

Explanation: Argument #1 is “settlement”.

4. Which category does =PRICEMAT belong to?

A. Math & Trig
B. Statistical
C. Financial ✓
D. Date & Time

Explanation: Category is “Financial”.

5. What is the fix for #NUM! in =PRICEMAT?

A. Volatile and recalculates every time
B. Check the order of the dates and the input values ✓
C. Text is always ignored
D. Select entire column for best performance

6. Since which Excel version is =PRICEMAT available?

A. Excel 2007 (Compatibility)
B. All versions ✓
C. Excel 2019
D. Excel 365

Explanation: Version: “All versions”.

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

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

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

8. What is the type of argument “yld” in =PRICEMAT?

A. Mixed
B. Date
C. Value
D. Number ✓

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

9. Which function is NOT related to =PRICEMAT?

A. PRICE
B. ACCRINTM
C. YIELDMAT
D. OCT2HEX ✓

Explanation: “OCT2HEX” is not related to PRICEMAT.

10. What is the output type of =PRICEMAT?

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

Explanation: Output is “Number”.

11. Is argument “basis” required in =PRICEMAT?

A. Yes
B. —
C. No ✓
D. No

Explanation: “basis” is optional.

12. What is the type of argument “issue” in =PRICEMAT?

A. Mixed
B. Date ✓
C. Array
D. Value

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

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

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

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

14. What usually causes #VALUE! in =PRICEMAT?

A. If settlement, maturity, or issue is not a valid date, PRICEMAT returns the #VALUE! error value. ✓
B. Volatile and recalculates every time
C. مقدار rate یا yld منفی، basis خارج از بازه ۰ تا ۴، یا settlement مساوی یا بعد از maturity است.
D. Text is always ignored

Explanation: If settlement, maturity, or issue is not a valid date, PRICEMAT returns the #VALUE! error value. — Fix: تاریخ‌ها را با تابع DATE وارد کنید یا بررسی کنید سلول‌ها واقعاً تاریخ باشند.

15. Is argument “rate” required in =PRICEMAT?

A. No
B. Yes
C. Yes ✓
D. —

Explanation: “rate” is required.