H
Harlan Grove
PatFinegan > said:Before paying $35 to speak to Microsoft Tech Support (albeit with the
chance of a refund), does anyone know if the RAND() "hotfix" includes
the VBA Rnd() function? Most of the derivative pricing models I've seen
on Wall Street use the VBA Rnd() function rather than the spreadsheet
=RAND() function.
The VBA Rnd function is, AFAIK, completely separate from Excel's worksheet
function RAND(). Install Word or PowerPoint alone, and VBA still comes with
Rnd even though there's no Excel in sight.
The bug that was reported in Excel's RAND() (and, derivatively, in Excel's
RANDBETWEEN()). There's been no mention of VBA's Rnd sharing this bug. That
does beg the question whether VBA's Rnd then won't share the improvements
made in Excel 2003's RAND() once it's been corrected.
That said, if the gurus on Wall Street are really using VBA's Rnd rather
than one of the several high quality simulation add-ins (or stand-alone
packages), it'd be very difficult to muster any sympathy if that costs them
anything.