ODDLYIELD Function
The ODDLYIELD function returns the yield of a security with a short or long last period as a percentage. The bond matures on 15-Jun-2018, and pays a coupon rate of 5%. Payments are semi-annual, the day count basis is US 30/360, and the redemption value is $100. Entering dates In Excel,dates are serial numbers. To enter valid dates directly inside a function, theDATE functionis the best option. The ODDLYIELD function allows 5 options (0-4) and defaults to zero, which specifies US 30/360basis....