1 / 54

850 likes | 1.67k Views

Excel Basics. Fundamentals, Formula Techniques, and Tricks of the Trade. Fundamentals. The basics of spreadsheet models. Fundamentals. 1] Never enter the same information more than once. =B4. Fundamentals.

Download Presentation
## Excel Basics

**An Image/Link below is provided (as is) to download presentation**
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.
Content is provided to you AS IS for your information and personal use only.
Download presentation by click this link.
While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

**Excel Basics**Fundamentals, Formula Techniques, and Tricks of the Trade**Fundamentals**The basics of spreadsheet models**Fundamentals**1] Never enter the same information more than once. =B4**Fundamentals**2] Code inputs blue. When a blue input variable is changed ALL DEPENDENT values change accordingly. =B4 =B4 ? =E4 ?**Fundamentals**3] Name constants. =CPN**Go to B13**Assign names in the name box (under the toolbar). This replaces the name B13 with PRI Use [Insert] [Names…] [Define] to see and manage names used in the spreadsheet In 2007 use [Formulas] [NameManager]**Fundamentals**3] Name constants. Principal =CPN =RDT =PRI =SDT**Fundamentals**3] Name constants and arrays • Highlight • Enter the name • Shift+Ctrl+Enter =Codes**Fundamentals**4] Format for clarity and ease of use. vs**$A$1**A1 B1 $A1 $A1 A$1 B$1 $A$1 $A$1 A2 $A2 A$1 Fundamentals 5] Always line up repetitive formulas so they can be dragged across rows and down columns. *Use [F4] to toggle the lock code**Fundamentals**6] Train yourself to use shortcuts • Customize your toolbar • Alt+ codes • TRY Alt + I N D**In-Session Exercise**Bond Calculator**Dates**Nov 8 is a date Ctrl+Shift+1 and it changes to 39,758.00**Formats**In B13 Ctrl+Shift+1 and it changes to 98.75 Ctrl+Shift+2 and it changes to 6:00PM (.75 through the day) Ctrl+Shift+3 and it changes to 7-Apr-00(Apr 7, 1900) Ctrl+Shift+4 and it changes to $98.75 Ctrl+Shift+5 and it changes to 9875% Ctrl+Shift+6 and it changes to 9.88E+01**Bond Calculator**• Compute Base Price • Note that when you use = and point to the Principal Excel uses the Name Principal rather than B3 • when you use = and point to Price Excel uses the Name PRI rather than B13**Functions**Using Excel Functions**Functions**• There are hundreds of built-in functions • Find them by clicking on fx • Most of the ones we use are under Financial**Function: COUPDAYSBS**Use names See each step Description of function Use $A$7 which will default to 0**Bond Calculator**Note that everything is calculatedand coded black**Functions**• On any function click on the [fx] to open the applet.**Data Validation**Drop Down Lists**Data Validation**B7 Set to accept inputs from B19:B21only**Drop Down Lists in Excel**• From B7 use Data/ Validation • Choose List and specify $B$19:$B$21 List Dropdown $B$19:$B$21**Drop Down Lists**The drop down forces the user to choose from a list of inputs**Lookup**Finding specific information**Lookup**Basis for COUP functions • In A7=VLOOKUP(B7,Codes,2,FALSE) Exact match only Find the value in B7 in the 1st column of… The array we named Codes Get the corresponding value in column 2 =Codes**Lookup**• Choose a different Bond type and watch the code change. • vLookup • Looks up in the first column of an array and matches the row • hLookup • Looks up in the first row of an array and matches the column**If**Excel conditions**=IF(Condition, True, False)**=IF(A7=1,"Treasury","Not a Treasury") =IF(TEXT(RDT,"dd")="15", "matures on the 15th", "doesn't mature on the 15th") Day part of SDT**=IF(Condition, True, False)**=IF(A7=1, IF(TEXT(B5,"dd")="15", "", "Treasuries mature on the 15th"), "") You can embed up to 7 if statements in one cell**Tables**Sensitivity Analysis**Data Tables**• Change one input in a model and calculate what various outputs would be • Change two inputs in a model and calculate what one output would be**{=Table()}**=E16 Cell where the Nominal Yield is calculated Change the price quote (from 60 to 135) =E17 Cell where income Yield is calculated =E18 Cell where YTM is calculated**{=Table()}**• Highlight the table area • The first column is the list of prices • The top row is the list of outputs**$B$13**{=Table()} 2.Use [Data][Table] 3.Indicate that the first column in the area is to replace cell B13 4.[OK]**{=Table()}**Test the table array by changing the input n and comparing the results with the table**Graphs**When a picture is worth a thousand words**Graphs**• What are you trying to communicate? • How do you best communicate it?**Combined Chart**Monarch Price of a quarter of wheat Wage of a good mechanic**Florence Nightingale**Deaths from preventable disease Deaths from wounds Deaths from all other causes**Graphs**• Chart as an xy scatter chart • exchange the x and y axes • Yield shouldbe the x axis • Price shouldbe the y axis • Use right click/source data**Chart Area**The Chart Area is the frame in which the chart is held. Set the chart font to the same as the spreadsheet and de-click autoscale**Plot Area**The Plot Area is the chart space. Highlight the grey and delete; highlight the gridlines and delete or reformat to make them less obnoxious.Expand the Plot Area to enlarge the graph within the frame**Axes**Edit Chart Options to add Titles Format Axes**Format Data Series**Format Data point to add label Color nominal yield white to hide it**Format Data Series**Change to Income Alt+Enter Yield The label Changes as well**Conditional Formatting**Font color, highlights, etc

More Related