O'Reilly logo

Microsoft® Excel® 2010 Formulas & Functions Inside Out by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

PRICEDISC()

Syntax. PRICEDISC(Settlement,Maturity,Discount,Redemption,Basis)

Definition. This function calculates the disbursement amount of a simply discounted security with anticipative interest yield.

Arguments

  • Settlement (required) The date when the ownership of the security changes.

  • Maturity (required) The day when the payments from the security must take place.

  • Discount (required) The interest rate of the discount (disagio).

  • Redemption (required) The payment at the day of maturity.

  • Basis (optional) The method you want to use for determining the days in the year according to Table 15-2, shown earlier. If this argument is omitted, Excel calculates with Basis = 0.

All function arguments that take a date use the date without time; fractions are rounded. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required