Join Curt Frye for an in-depth discussion in this video TBILLPRICE: Calculating the price for a Treasury bill, part of Excel 2010: Financial Functions in Depth.
When you evaluate a treasury bill which is usually called a T-bill, you should…determine the fair market value of the investment.…In Excel you can use the TBILLPRICE function to find that value.…To find the price of a T-bill you need know three separate things.…The first is the settlement date and the settlement date is the date that you…take possession of the investment.…Then you have the maturity date and that is the date that the interest plus your…original principle is due.…And then finally you have the discount rate which is the annual percentage rate…assigned to the investment.…
So to find the fair market price of that investment, you can click in cell C8,…type an equal sign, and then type in the name of the function and that is…tbillprice, then a left parenthesis.…And now we can type in the cell references for the arguments.…So we have settlement date in C3, comma, maturity date C4, comma, and then the discount rate,…which is in C5, and a right parenthesis to close-up the function.…
Everything looks good.…
- Analyzing loans, payments, and interest
- Discovering the interest rate of an annuity
- Determining depreciation using the straight line, declining balance, double-declining balance, and other methods
- Calculating the future value of an investment with variable returns
- Finding the discount rate of a security
- Converting between fractional prices and decimal prices
- Determining the yield of securities that pay interest periodically
Skill Level Intermediate
Q: Where can I learn more about Excel formulas?
A: Discover more on this topic by visiting Excel formulas on lynda.com.
Managing and Analyzing Data in Excel 2010with Dennis Taylor1h 32m Appropriate for all
Excel 2010: Data Validation in Depthwith Dennis Taylor59m 45s Intermediate
1. Analyzing Loans, Payments, and Interest
2. Calculating Depreciation
3. Determining Values and Rates of Return
4. Calculating Bond Coupon Dates and Security Durations
5. Calculating Security Prices and Yields
6. Calculating Prices and Yields of Securities with Odd Periods
Additional resources1m 5s
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