Key Takeaway: MDURATION is an Excel formula used to calculate the duration of a financial instrument such as a bond, based on its settlement date, maturity date, coupon rate, yield, and frequency of interest payments. Understanding the MDURATION function requires knowledge of financial concepts like time value of money, bond pricing, and interest rate calculations….
Key Takeaway: Documenting changes in VBA code in Excel is important for maintaining code transparency, enhancing collaboration, and reducing errors. Proper documentation can greatly facilitate code maintenance and prevent possible issues that arise due to lack of documentation. Change tracking in Excel can be enabled by selecting the “Track Changes” option. This feature allows users…
Key Takeaway: Viewing Visited Hyperlinks in Excel: By default, Excel does not show visited hyperlinks. However, you can change this setting to make it easier to keep track of which links you have already followed. Using Conditional Formatting to Highlight Visited Hyperlinks: You can use conditional formatting to highlight visited hyperlinks in Excel. This can…
Key Takeaway: Understanding the Excel Autofill Shortcut: The Excel Autofill Shortcut is a powerful tool that can save you a lot of time in data entry. By mastering this shortcut, you can quickly and accurately fill in data across multiple cells. Benefits of Mastering the Autofill Shortcut: Some of the key benefits of mastering the…
Key Takeaway: The Save As Dialog Box in Excel can take up a lot of screen space, but reducing its size can make it easier to use. Reducing the size of the Save As Dialog Box can help avoid scrolling issues and difficulties in locating files. You can reduce the size of the Save As…
Key Takeaway: Making a cell’s contents bold within a macro in Excel can save time and increase efficiency when working with large sets of data. Creating a macro to format cell content involves setting up the macro environment and defining the bold text logic. Applying the macro to a specific range can be done by…
Key Takeaway: Understanding the deletion of cells in Excel is important to avoid accidental deletion and data loss. The consequences of accidental deletion can include loss of important data, time wasted in recovering data, and errors in data analysis and reporting. To stop the deletion of cells in Excel, use the undo function, protect cells…
Key Takeaway: Using the edit toolbar in Excel allows for quick and easy editing of cell content. The toolbar contains various editing options such as copy, paste, and insert. The formula bar in Excel is a powerful tool for editing cells with complex formulas. It allows users to easily edit formulas while still having access…
Key Takeaway: Controlling where you edit cell contents in Excel enables you to manage your data more efficiently. This can be done by locking and unlocking cells, protecting worksheets, and setting input restrictions using data validation and custom rules. When working on shared workbooks, it’s important to control editing permissions to prevent unauthorized changes. Sharing…
Key Takeaways: Using shortcuts to add a new row in Excel saves time and effort: Shortcuts keys like ‘Ctrl’ + ‘Shift’ + ‘+’, ‘ALT’ + ‘I’ + ‘R’, and ‘Ctrl’ + ‘Shift’ + ‘Insert’ are commonly used to add rows quickly. The mouse and ribbon menu can also be used to add a row: By…