### YIELD Function Excel

This Excel Tutorial demonstrates how to use the Excel YIELD Function in Excel to calculate the bond yield, with formula examples.

## YIELD Function Description:

The YIELD Function Calculates the bond yield.

## Formula Examples: Example Formula Result
1 =YIELD(C5,D5,E5,F5,G5,H5,I5) 7.99999999999708E-02

## Syntax and Arguments:

The Syntax for the YIELD Formula is:

### Function Arguments ( Inputs ):

settlement – The settlement date, represented by a date serial number.

maturity – The maturity date, represented by a date serial number.

rate – The annual coupon rate.

pr – The price per \$100 of face value.

redemption – The redemption price per \$100 of face value.

frequency – The number of coupon payments per year.

basis – OPTIONAL. The basis for which to calculate the number of days in a year.

Use the YIELD Function to calculate the yield of a bond or similar security.

The result of the YIELD Function may appear as a decimal. Change the cell Number Formatting to Percentage to display the function result as a percentage: ## How to use the YIELD Function in Excel:

To use the AND Excel Worksheet Function, type the following into a cell:
`=AND(`
After entering it in the cell, notice how the AND formula inputs appear below the cell: You will need to enter these inputs into the function. The function inputs are covered in more detail in the next section. However, if you ever need more help with the function, after typing “=YIELD(” into a cell, without leaving the cell, use the shortcut CTRL + A (A for Arguments) to open the “Insert Function Dialog Box” for detailed instructions:  