ModelOff 2012 Questions and Answers

Excel Knowledge Test

Question Appeared in: ModelOff 2012 Finals
Time Allocated: 25 minutes

INTRODUCTION
Name the relevant Excel function for each of the following.
GENERAL
1 !olns several LexL sLrlngs lnLo one LexL sLrlng
2 8eLurns a speclfled number of characLers from Lhe beglnnlng of a LexL sLrlng
3 8eLurns Lhe number of characLers ln a LexL sLrlng
4 8eLurns a speclfled number of characLers from a LexL sLrlng, sLarLlng aL a speclfled poslLlon
3 CaplLallzes Lhe flrsL leLLer of each word ln a LexL sLrlng and converLs all oLher leLLers Lo lowercase
leLLers
6 8eplaces parL of a LexL sLrlng wlLh a dlfferenL LexL sLrlng
7 8eLurns a speclfled number of characLers from Lhe end of a LexL sLrlng
8 8emoves all exLra spaces from a LexL sLrlng excepL for slngle spaces beLween words
9 8eLurns Lhe serlal number of Lhe daLe LhaL ls a speclfled number of monLhs before or afLer Lhe sLarL
daLe
10 8eLurns Lhe serlal number of Lhe lasL day of Lhe monLh before or afLer a speclfled number of
monLhs
11 8eLurns Lhe number of whole worklng days beLween Lwo daLes.
12 8eLurns Lhe week number ln a year
13 8eLurns Lhe serlal number of Lhe daLe before or afLer a speclfled number of workdays
14 8eLurns Lhe number of years and fracLlon of years beLween Lwo speclfled daLes
13 LxLracLs daLa sLored ln a lvoL1able
16 Looks for a value ln Lhe Lop row of a Lable or array of values and reLurns Lhe value ln Lhe same
column from a row you speclfy
17 8eLurns Lhe value or reference Lo Lhe value of Lhe speclfled row and column of a Lable or range
18 8eLurns Lhe reference speclfled by a LexL sLrlng
19 8eLurns Lhe relaLlve poslLlon of an lLem ln a range of conLlguous cells ln a row or a column LhaL
maLches a speclfled value
20 8eLurns Lhe reference Lo a slngle cell or a range of cells LhaL ls a speclfled number of rows and
columns from a cell or range of cells
21 ConverLs a verLlcal range of cells Lo a horlzonLal range, or vlce versa
22 8eLurns 18uL lf Lhe value ls LexL













ModelOff 2012 Questions and Answers



MATHEMATICAL FUNCTIONS
23 8eLurns Lhe absoluLe value of a number
24 8ounds a number up, Lo Lhe nearesL mulLlple of slgnlflcance
23 8eLurns Lhe posslble number of comblnaLlons for a glven number of lLems
26 8eLurns a number rounded Lo Lhe nearesL even lnLeger away from zero
27 8eLurns e ralsed Lo a power
28 8eLurns Lhe facLorlal of a number
29 8eLurns a number rounded Lowards zero Lo Lhe nearesL mulLlple of a speclfled number
30 8ounds a number down Lo Lhe nearesL lnLeger
31 8eLurns Lhe naLural logarlLhm of a number
32 8eLurns Lhe logarlLhm of a number Lo Lhe base speclfled
33 8eLurns Lhe remalnder afLer a number ls dlvlded by a speclfled dlvlsor
34 8eLurns a number rounded up or down Lo Lhe nearesL mulLlple of a speclfled number
33 8eLurns a number rounded Lo Lhe nearesL odd lnLeger away from zero
36 8eLurns Lhe value of pl
37 8eLurns Lhe resulL of a number ralsed Lo a speclfled power
38 8eLurns a random draw from a unlform dlsLrlbuLlon beLween Lwo speclfled numbers


FINANCIAL FUNCTIONS
39 8eLurns Lhe accrued lnLeresL for a securlLy LhaL pays perlodlc lnLeresL
40 8eLurns Lhe depreclaLlon of an asseL for a speclfled perlod uslng Lhe flxed-decllnlng balance meLhod
41 ConverLs Lhe dollar prlce expressed as a fracLlon lnLo a dollar prlce expressed as a declmal number
42 8eLurns Lhe effecLlve annual lnLeresL raLe glven Lhe nomlnal annual lnLeresL raLe and Lhe number of
compoundlng perlods per year
43 8eLurns Lhe fuLure value of a consLanL annulLy
44 8eLurns Lhe lnLeresL paymenL for a speclfled perlod of an annulLy
43 8eLurns Lhe lnLernal raLe of reLurn for a serles of cash flows LhaL occur aL equal lnLervals buL are noL
necessarlly equal
46 8eLurns Lhe modlfled lnLernal raLe of reLurn for a serles of cash flows LhaL occur aL equal lnLervals
buL are noL necessarlly equal
47 8eLurns Lhe prlce per $100 face value of a coupon paylng securlLy aL a speclfled yleld
48 8eLurns Lhe lnLeresL raLe per perlod for a consLanL annulLy
49 8eLurns Lhe lnLernal raLe of reLurn for a serles of cash flows LhaL are noL necessarlly equal or perlodlc
30 8eLurns Lhe presenL value of a serles of unequal fuLure cash flows LhaL occur aL equal lnLervals
sLarLlng one perlod ln Lhe fuLure














ModelOff 2012 Questions and Answers


Answers

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