Problem Note 45160: The message: NOTE: Invalid argument to function FINANCE at line nnn column x. might occur when using the FINANCE function to calculate the XIRR
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When computing the internal rate of return for a schedule of cash flows that is not necessarily periodic (XIRR) with the FINANCE function, the message below might be generated.
NOTE: Invalid argument to function FINANCE at line nnn column xx.
The cause of the message might be that the optional third argument to the function, an initial guess, which is close to the anticipated result of XIRR, is ignored. When the initial guess is ignored or not provided, the default initial guess of 0% return is used that might be inappropriate for many sets of data.
Operating System and Release Information
| Product Family | Product | System | Product Release | SAS Release | ||
| Reported | Fixed* | Reported | Fixed* | |||
| SAS System | Base SAS | z/OS | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 |
| Microsoft® Windows® for 64-Bit Itanium-based Systems | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 Datacenter 64-bit Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 Enterprise 64-bit Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows XP 64-bit Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft® Windows® for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 Datacenter Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 Enterprise Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 Standard Edition | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2003 for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2008 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows Server 2008 for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Microsoft Windows XP Professional | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Enterprise 32 bit | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Enterprise x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Home Premium 32 bit | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Home Premium x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Professional 32 bit | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Professional x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Ultimate 32 bit | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows 7 Ultimate x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows Vista | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Windows Vista for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| 64-bit Enabled AIX | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| 64-bit Enabled HP-UX | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| 64-bit Enabled Solaris | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| HP-UX IPF | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Linux | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Linux for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| OpenVMS on HP Integrity | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
| Solaris for x64 | 9.21_M3 | 9.3_M2 | 9.2 TS2M3 | 9.3 TS1M0 | ||
A fix for this issue for Base SAS 9.21_M3 is available at:
http://ftp.sas.com/techsup/download/hotfix/HF2/B25.html#45160A fix for this issue for Base SAS 9.3_M1 is available at:
https://tshf.sas.com/techsup/download/hotfix/HF2/F98.html#45160| Type: | Problem Note |
| Priority: | high |
| Topic: | SAS Reference ==> Functions ==> Financial |
| Date Modified: | 2012-02-23 15:28:33 |
| Date Created: | 2011-12-16 09:29:27 |