PRICEDISC function
Returns the price per $100 face value of a discounted security
Syntax
PRICEDISC(settlement, maturity, discount, redemption, [basis])Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| settlement | Yes | The security's settlement date."2008-11-11" |
| maturity | Yes | The security's maturity date."2021-3-1" |
| discount | Yes | The security's discount rate.6.25% |
| redemption | Yes | The security's redemption value per $100 face value.100 |
| basis | No | The type of day count basis to use.1 |
Try PRICEDISC
Price a discounted security on actual/365
=PRICEDISC(A2,B2,E2,D2,3)The dates are 181 days apart. Basis 3 means actual/365, so the price per 100 redemption is 100*(1-5%*181/365). The supplied price column is used in the related yield examples.
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PRICEDISC · top-level call
=PRICEDISC(A2,B2,E2,D2,3)Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.