Financial =DURATION(settlement, maturity, coupon, yld, frequency, [basis])

Quiz =DURATION — 10 Questions

10 quiz questions about =DURATION — 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

Which category does =DURATION belong to?

Question 2 of 10 2/10

Which is the correct syntax of =DURATION?

Question 3 of 10 3/10

In =DURATION, which is argument #2?

Question 4 of 10 4/10

Does =DURATION return a dynamic array?

Question 5 of 10 5/10

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

Question 6 of 10 6/10

What usually causes #VALUE! in =DURATION?

Question 7 of 10 7/10

What is the type of argument “settlement” in =DURATION?

Question 8 of 10 8/10

Is argument “yld” required in =DURATION?

Question 9 of 10 9/10

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

Question 10 of 10 10/10

In =DURATION, which is argument #1?

Click a question to see the answer.

1. Which category does =DURATION belong to?

A. Compatibility
B. Database
C. Financial ✓
D. Statistical

Explanation: Category is “Financial”.

2. Which is the correct syntax of =DURATION?

A. =MDURATION(settlement, maturity, coupon, yld, frequency, [basis])
B. =DURATION(settlement, maturity, coupon, yld, frequency, [basis], 0)
C. =DURATION(settlement, maturity, coupon, yld, frequency, [basis]) ✓
D. DURATION(settlement, maturity, coupon, yld, frequency, [basis])

Explanation: Correct syntax: =DURATION(settlement, maturity, coupon, yld, frequency, [basis])

3. In =DURATION, which is argument #2?

A. basis
B. lookup_value
C. maturity ✓
D. frequency

Explanation: Argument #2 is “maturity”.

4. Does =DURATION return a dynamic array?

A. No
B. —
C. Yes
D. No ✓

Explanation: DURATION does not spill.

5. What is the type of argument “frequency” in =DURATION?

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

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

6. What usually causes #VALUE! in =DURATION?

A. مقدار coupon یا yld منفی است، تناوب جز ۱، ۲ یا ۴ است، مبنا خارج از ۰ تا ۴ است، یا تسویه مساوی یا بعد از سررسید است.
B. Requires add-in
C. Only works in old versions
D. If settlement or maturity is not a valid date, DURATION returns the #VALUE! error value. ✓

Explanation: If settlement or maturity is not a valid date, DURATION returns the #VALUE! error value. — Fix: تاریخ‌ها را با تابع DATE وارد کنید و مطمئن شوید سلول‌ها واقعاً تاریخ هستند، نه متن.

7. What is the type of argument “settlement” in =DURATION?

A. Mixed
B. Text
C. Logical
D. Date ✓

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

8. Is argument “yld” required in =DURATION?

A. Yes
B. No
C. —
D. Yes ✓

Explanation: “yld” is required.

9. What is the fix for #NUM! in =DURATION?

A. Text is always ignored
B. Only works in old versions
C. مقدار settlement یا maturity تاریخ معتبر نیست.
D. Check the order of the dates and the input values ✓

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

10. In =DURATION, which is argument #1?

A. settlement ✓
B. frequency
C. yld
D. lookup_value

Explanation: Argument #1 is “settlement”.