Name
TBILLYIELD
Synopsis
You can use TBILLYIELD (an Analysis ToolPak function) to determine the interest earned (yield) on a Treasury Bill.
To Calculate
=TBILLYIELD(Settlement,Maturity,PR)
All arguments must have values for this function.
Example
Figure 12-24 illustrates how you can use TBILLYIELD
to determine the yield (actual interest earned) for a Treasury Bill.
If you notice, the function uses the results of TBILLPRICE as the
value for the PR argument.
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