Yconvert() function |
Yconvert() functionYconvert(argument list
)
This function converts yields from one compounding frequency to another. The function uses the following arguments:
Argument | Description | Restrictions |
Source_Rate | the rate you are converting from in decimal form (e.g. six percent entered as 0.06) | >= 0 |
Source_Freq | the compounding frequency of the source rate | 1 = annual 2 = semi-annual 4 = quarterly 12 = monthly 365 = daily 366 = continuous |
Target_Freq | the compounding frequency of the rate you are converting to | 1 = annual 2 = semi-annual 4 = quarterly 12 = monthly 365 = daily 366 = continuous |
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