YIELD function - Zoho Sheet - Help Guide

YIELD

Calculates the annual yield for a security with periodic interest.

 

Syntax

 

YIELD(settlement; maturity; rate; price; redemption_value; frequency; [basis])

settlement: Date of purchase of the security. Eg., "2/1/2018"

maturity: Date on which the security matures. Eg., "4/12/2018"

rate: The interest rate per period. Eg., 2.33%

price: The price of the security. Eg., 500

redemption_value: The redemption value of the security. Eg., 100000

frequency: Number of interest payments per year (1, 2, or 4). Eg., 2

basis: Indicates the day count method to use. Defaults to 0 if omitted.

0 - US method (NASD), 12 months of 30 days each
1 - Exact number of days in months, exact number of days in year
2 - Exact number of days in month; year has 360 days
3 - Exact number of days in month; year has 365 days
4 - European method, 12 months of 30 days each

 

Examples  

 

Formula

Result

=YIELD(A2;B2;C2;D2;E2;F2;G2)

$5

=YIELD(A3;B3;C3;D3;E3;F3;G3)

$2

=YIELD(A4;B4;C4;D4;E4;F4;G4)

$6


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

#NUM!

  • The value of price or rate is less than 0.

  • The value of frequency is a number other than 1, 2, and 4.

  • The value of basis is not between 0 and 4.

  • The settlement date is after the maturity date.

 

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