Abstract

Excel’s new “=LAMBDA” function is applied to multi-stage stock pricing. This provides a context for implementing the =LAMBDA function, a greater understanding of the concept of the time value of money, and a reduction in the complexity of performing the calculation. The =LAMBDA functions lessens the need for using VBA and macros and only requires basic knowledge of Excel function syntax.

Document Type

Working Paper

Publication Date

7-25-2024

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Copy of STOCK-LAMBDA-V1.xlsx (11 kB)

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