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

Quiz =MDURATION — 15 Questions

15 quiz questions about =MDURATION — 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

Which category does =MDURATION belong to?

Question 2 of 15 2/15

How many optional arguments does =MDURATION have?

Question 3 of 15 3/15

Since which Excel version is =MDURATION available?

Question 4 of 15 4/15

Is argument “basis” required in =MDURATION?

Question 5 of 15 5/15

Is =MDURATION volatile?

Question 6 of 15 6/15

Does =MDURATION return a dynamic array?

Question 7 of 15 7/15

Is argument “coupon” required in =MDURATION?

Question 8 of 15 8/15

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

Question 9 of 15 9/15

What usually causes #NUM! in =MDURATION?

Question 10 of 15 10/15

What is the output type of =MDURATION?

Question 11 of 15 11/15

In =MDURATION, which is argument #3?

Question 12 of 15 12/15

Is argument “frequency” required in =MDURATION?

Question 13 of 15 13/15

Which use case fits =MDURATION?

Question 14 of 15 14/15

Is argument “yld” required in =MDURATION?

Question 15 of 15 15/15

How many required arguments does =MDURATION have?

Click a question to see the answer.

1. Which category does =MDURATION belong to?

A. Financial ✓
B. Web
C. Lookup & Reference
D. Engineering

Explanation: Category is “Financial”.

2. How many optional arguments does =MDURATION have?

A. 1 ✓
B. 0
C. 3
D. 2

Explanation: =MDURATION has 5 required, 1 optional (6 total).

3. Since which Excel version is =MDURATION available?

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

Explanation: Version: “All versions”.

4. Is argument “basis” required in =MDURATION?

A. No ✓
B. Yes
C. No
D. —

Explanation: “basis” is optional.

5. Is =MDURATION volatile?

A. Yes
B. No
C. No ✓
D. —

Explanation: MDURATION is not volatile.

6. Does =MDURATION return a dynamic array?

A. No ✓
B. —
C. Yes
D. No

Explanation: MDURATION does not spill.

7. Is argument “coupon” required in =MDURATION?

A. No
B. Yes ✓
C. —
D. Yes

Explanation: “coupon” is required.

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

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

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

9. What usually causes #NUM! in =MDURATION?

A. Volatile and recalculates every time
B. Select entire column for best performance
C. Only works in old versions
D. If yld < 0 or if coupon < 0, MDURATION returns the #NUM! error value. If frequency is any number other than 1, 2, or 4, MDURATION returns the #NUM! error value. If basis < 0 or if basis > 4, MDURATION returns the #NUM! error value. If settlement ≥ maturity, MDURATION returns the #NUM! error value. ✓

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

10. What is the output type of =MDURATION?

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

Explanation: Output is “Number”.

11. In =MDURATION, which is argument #3?

A. settlement
B. yld
C. coupon ✓
D. maturity

Explanation: Argument #3 is “coupon”.

12. Is argument “frequency” required in =MDURATION?

A. Yes
B. No
C. —
D. Yes ✓

Explanation: “frequency” is required.

13. Which use case fits =MDURATION?

A. Financial Calculations ✓
B. Dynamic Ranges & Dashboards
C. Date & Time Calculations
D. External Data, Web & Cube

Explanation: Use case “Financial Calculations” fits MDURATION.

14. Is argument “yld” required in =MDURATION?

A. No
B. —
C. Yes ✓
D. Yes

Explanation: “yld” is required.

15. How many required arguments does =MDURATION have?

A. 6
B. 4
C. 7
D. 5 ✓

Explanation: =MDURATION has 5 required, 1 optional (6 total).