When you use ODDFRRICE, the most common questions involve formula entry, parameter formatting, and result checking; this FAQ covers 3 frequent scenarios and includes a short glossary.
FAQ
What should I do if ODDFRRICE shows an error after I enter it?
- Check whether the formula starts with
=. - Confirm that the function name is spelled
ODDFRRICE. - Check whether the parentheses, separators, and argument count are complete.
- If you use cell references, make sure the referenced cells contain valid dates or numbers.
Why does ODDFRRICE not return the result I expected?
- Check whether the settlement date, maturity date, issue date, and first coupon date are entered correctly.
- Confirm that the coupon rate, yield, and basis use the correct data format.
- Check whether numbers stored as text are being used in the calculation.
- Review the parameter order one by one to avoid placing values in the wrong position.
How to use the ODDFRRICE function in WPS on Windows with parameter prompts?
- Select the target cell and type
=ODDFRRICE(. - Watch for the function syntax prompt near the formula editing area.
- Fill in each argument according to the prompt.
- If the prompt does not appear, re-enter the function or check whether you are still in formula editing mode.
Glossary
| Term | Definition |
|---|---|
| ODDFRRICE | A financial function that returns accrued interest per $100 face value for a security with an odd first period. |
| Parameter | A date, rate, basis, or other calculation input entered in order within a function. |
| Cell reference | A way to use a cell address in a formula instead of typing a value directly. |