Bug 129361 - YIELD function in Calc provides different result than Excel, when there is one coupon period or less until redemption.
Summary: YIELD function in Calc provides different result than Excel, when there is on...
Status: NEW
Alias: None
Product: LibreOffice
Classification: Unclassified
Component: Calc (show other bugs)
Version:
(earliest affected)
6.0.7.3 release
Hardware: All All
: medium normal
Assignee: Not Assigned
URL:
Whiteboard:
Keywords:
Depends on:
Blocks: Excel-Functions
  Show dependency treegraph
 
Reported: 2019-12-13 04:37 UTC by Jack
Modified: 2024-09-10 03:16 UTC (History)
1 user (show)

See Also:
Crash report or crash signature:


Attachments
Example with Yield function (14.55 KB, application/vnd.oasis.opendocument.spreadsheet)
2019-12-13 10:16 UTC, Roman Kuznetsov
Details

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Description Jack 2019-12-13 04:37:01 UTC
Description:
For example:

Settlement: 12/16/19
Maturity: 12/30/19
Rate 0.054
Price: 100
Redemption: 100
Frequency: 2
Basis: 4

Applying YIELD to this, results in 0.05268806713 in Excel, and 0.053332866925242 in LibraOffice Calc.

Excel uses a special formula when there is "one coupon period or less until redemption: https://support.office.com/en-us/article/yield-function-f5f5ca43-c4bd-434f-8bd2-ed3c9727a4fe

Steps to Reproduce:
Settlement: 12/16/19
Maturity: 12/30/19
Rate 0.054
Price: 100
Redemption: 100
Frequency: 2
Basis: 4

YIELD(12/16/19,12/30/19,0.054,100,100,2,4)

Actual Results:
Results in 0.053332866925242 in LibraOffice Calc.

Expected Results:
Results in 0.05268806713 in Excel


Reproducible: Always


User Profile Reset: No



Additional Info:
Should have had that same result as Excel.
Comment 1 Roman Kuznetsov 2019-12-13 10:11:32 UTC
I can confirm a difference between Calc and Excel in

Version: 6.5.0.0.alpha0+ (x64)
Build ID: ff566c67d67e96c97bcf4064b39df6998733c84e
CPU threads: 4; OS: Windows 10.0 Build 18362; UI render: default; VCL: win; 
Locale: ru-RU (ru_RU); UI-Language: en-US
Calc: threaded
Comment 2 Roman Kuznetsov 2019-12-13 10:16:31 UTC
Created attachment 156545 [details]
Example with Yield function

You can open it in MSO and will see another result than in Calc
Comment 3 Jack 2020-01-13 20:51:44 UTC
Should be fixed ASAP. It's very common to buy and sell bonds that mature in less than 6 months.
Comment 4 Jack 2020-10-13 17:37:35 UTC
Why is this taking so long to be corrected? How can I expedite this?
Comment 5 QA Administrators 2024-09-10 03:16:04 UTC
Dear Jack,

To make sure we're focusing on the bugs that affect our users today, LibreOffice QA is asking bug reporters and confirmers to retest open, confirmed bugs which have not been touched for over a year.

There have been thousands of bug fixes and commits since anyone checked on this bug report. During that time, it's possible that the bug has been fixed, or the details of the problem have changed. We'd really appreciate your help in getting confirmation that the bug is still present.

If you have time, please do the following:

Test to see if the bug is still present with the latest version of LibreOffice from https://www.libreoffice.org/download/

If the bug is present, please leave a comment that includes the information from Help - About LibreOffice.
 
If the bug is NOT present, please set the bug's Status field to RESOLVED-WORKSFORME and leave a comment that includes the information from Help - About LibreOffice.

Please DO NOT

Update the version field
Reply via email (please reply directly on the bug tracker)
Set the bug's Status field to RESOLVED - FIXED (this status has a particular meaning that is not 
appropriate in this case)


If you want to do more to help you can test to see if your issue is a REGRESSION. To do so:
1. Download and install oldest version of LibreOffice (usually 3.3 unless your bug pertains to a feature added after 3.3) from https://downloadarchive.documentfoundation.org/libreoffice/old/

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4b. If the bug was not present in 3.3 - add 'regression' to keyword


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