Syntax Description
AMORLINC(cost;
date_purchased; first_period;
salvage; period; rate; basis)
Calculates the amount of depreciation for a
settlement period as linear amortization. If the
capital asset is purchased during the settlement
period, the proportional amount of depreciation is
considered. Cost is the acquisition cost.
Date_purchased is the date of acquisition.
First_period is the end date of the first settlement
period. Salvage is the salvage value of the capital
asset at the end of the depreciable life. Period is the
settlement period to be considered. Rate is the rate
of depreciation. Basis indicates how the year is to be
calculated.
COUPDAYBS(settlement;
maturity; frequency; basis)
Returns the number of days from the first day of
interest payment on a security until the settlement
date. Settlement is the date of purchase of the
security. Maturity is the date on which the security
matures (expires). Frequency is the number of
interest payments per year (1, 2 or 4). Basis
indicates how the year is to be calculated.
COUPDAYS(settlement;
maturity; frequency; basis)
Returns the number of days in the current interest
period in which the settlement date falls.
Settlement is the date of purchase of the security.
Maturity is the date on which the security matures
(expires). Frequency is the number of interest
payments per year (1, 2 or 4). Basis indicates how
the year is to be calculated.
COUPDAYSNC(settlement;
maturity; frequency; basis)
Returns the number of days from the settlement date
until the next interest date. Settlement is the date
of purchase of the security. Maturity is the date on
which the security matures (expires). Frequency is
the number of interest payments per year (1, 2 or 4).
Basis indicates how the year is to be calculated.
COUPNCD(settlement;
maturity; frequency; basis)
Returns the date of the first interest date after the
settlement date, and formats the result as a date.
Settlement is the date of purchase of the security.
Maturity is the date on which the security matures
(expires). Frequency is the number of interest
payments per year (1, 2 or 4). Basis indicates how
the year is to be calculated.
COUPNUM(settlement;
maturity; frequency; basis)
Returns the number of coupons (interest payments)
between the settlement date and the maturity date.
Settlement is the date of purchase of the security.
Maturity is the date on which the security matures
(expires). Frequency is the number of interest
payments per year (1, 2 or 4). Basis indicates how
the year is to be calculated.
Appendix B Description of Functions 383
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