PRICEDISC(settlement, maturity, discount, redemption [,basis])

Returns the price of a discounted security (no interest payments).

settlementThe settlement date of the security.
maturityThe maturity date of the security.
discountThe discount rate of the security.
redemptionThe redemption value of the security per $100 face value.
basis(Optional) The type of day counting to use:
0 = US 30/360 (default)
1 = Actual/Actual
2 = Actual/360
3 = Actual/365
4 = European 30/360

Remarks

* The settlement date is the date a buyer purchases a coupon, such as a bond.
* The maturity date is the date when a coupon expires.
* Dates must be entered as text strings with quotation marks or as serial numbers.
* If "settlement" is not an integer, it is truncated.
* If "settlement" is not a valid date, then #NUM! is returned.
* If "settlement" = "maturity", then #NUM! is returned.
* If "maturity" is not an integer, it is truncated.
* If "maturity" is not a valid date, then #NUM! is returned.
* If "discount" = 0, then #NUM! is returned.
* If "redemption" = 0, then #NUM! is returned.
* If "basis" is left blank, then 0 is used.
* If "basis" is not an integer, it is truncated.
* If "basis" < 0, then #NUM! is returned.
* If "basis" > 4, then #NUM! is returned.
* There is also a PRICE function for ??
* There is also a PRICEMAT for a security that pays interest at maturity.
* In Excel 2003 this function was only available when you had the Analysis ToolPak add-in loaded.
* For the Microsoft documentation refer to support.office.com

 A
1=PRICEDISC("2/15/1999","3/1/1999",0.0525,100,2) = #VALUE!


© 2019 Better Solutions Limited. All Rights Reserved. © 2019 Better Solutions Limited Top