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XL2000: Some Financial Functions May Return Incorrect Results with February 29, 2000

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This article was previously published under Q247795

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Symptoms

In Microsoft Excel, certain financial functions may return an incorrect value.

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Cause

Excel may calculate an incorrect value when the following conditions are true:
�You are using one of the following worksheet functions provided by the Analysis ToolPak add-in:

�ACCRINT
�COUPDAYBS
�COUPDAYS
�COUPDAYSNC
�COUPPCD
�COUPNCD
�DURATION
�MDURATION
�ODDFPRICE
�ODDFYIELD
�PRICE
�YIELD


-and-

�The bond's maturity, settlement, or first interest payment takes place on February 29, 2000.

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Resolution

A Microsoft Excel 2000 Analysis ToolPak Update that resolves this issue is available for download from the following Microsoft Web site:
http://office.microsoft.com/downloads/2000/Atpy2k.aspx

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Status

Microsoft has confirmed that this is a problem in the Microsoft products that are listed at the beginning of this article.

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Keywords: KB247795, kbpending, kbofficeupdate, kbbug, kbdownload

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Article Info
Article ID : 247795
Revision : 6
Created on : 1/9/2007
Published on : 1/9/2007
Exists online : False
Views : 245