Syntax
=PRICEDISC(settlement, maturity, discount, redemption, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
settlement | Required | The settlement date |
maturity | Required | The maturity date |
discount | Required | The discount rate |
redemption | Required | The redemption value per 100 face value |
basis | Optional | The day count basis, 0 to 4 |
How to use PRICEDISC
PRICEDISC takes 4 required arguments and 1 optional argument. Type =PRICEDISC( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=PRICEDISC(DATE(2008,2,16), DATE(2008,3,1), 0.0525, 100, 2)Result Related financial functions
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- PMTReturns the payment per period of a loan or investment with a constant rate and constant payments.
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- PRICEMATReturns the price per 100 face value of a security that pays interest at maturity.
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- RECEIVEDReturns the amount received at maturity for a fully invested security.
- RRIReturns the equal interest rate per period that grows a present value into a future value.