By Mary Jackson
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Extra info for Advanced modelling in finance using Excel and VBA
40 Advanced Modelling in Finance It is important to match your usage of VBA to the task in hand, and to be selective in the parts of VBA that you use, bearing in mind that spreadsheets do not provide the answer to all questions. Using VBA subroutines to automate repetitive tasks is efﬁcient programming; using VBA to create your own simple functions is efﬁcient; but trying to program bullet-proof interaction for a novice user accessing a complex spreadsheet model seems like the road to misery. Whilst seasoned applications programmers can probably tackle this task, the pertinent question is should you?
The VB window consists of the Project Explorer and the Properties window as well as the Code window (which is not usually present until the workbook has Modules). The Code window is where programs are written and/or keystrokes recorded. From the VB window you can refer to the Excel Object Browser to check the correct VBA syntax to accompany speciﬁc objects. ) The VBE also contains numerous debugging and editing tools that can be accessed from its command bar or via its own specialist toolbars.
Since these are terms of an array, you cannot edit a single formula in a table. ž To rebuild or expand a Data Table, select all cells containing the fDTABLE()g formula with Edit then Clear All or press Delete. ž Changing the input values and other assumption values causes Data Tables to reevaluate unless the default calculation method is deliberately changed. In large models for which a long time is spent in recalculation after every entry in the spreadsheet, the automatic recalculation of Data Tables can be switched off if necessary.