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ODFF: YIELDDISC function
"Summary: Calculate the yield of a discounted security per 100 currency units of face value." Suggest: "Summary: Calculate the yield of a discounted non-interest paying security." or "discounted zero coupon bond", or similar - whatever description is used elsewhere. There is a formula and some notes about YEARFRAC (yuk) and non- compounding here: http://wiki.services.openoffice.org/wiki/Documentation/How_Tos/Ca lc:_YIELDDISC_function The internal use of YEARFRAC explains: "OpenOffice.org 2.0 and Excel returns different results to some test cases." D
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