XL2000: Some Financial Functions May Return Incorrect Results with February 29, 2000 (247795)


The information in this article applies to:

  • Microsoft Excel 2000
This article was previously published under Q247795

SYMPTOMS

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

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.

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

STATUS

Microsoft has confirmed that this is a problem in the Microsoft products that are listed at the beginning of this article.
Modification Type:MinorLast Reviewed:8/5/2004
Keywords:kbdownload kbbug kbofficeupdate kbpending KB247795
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