December 2011
Intermediate to advanced
1088 pages
24h 50m
English
book
Microsoft® Excel® 2010 Formulas & Functions Inside Out
by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock
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DISC()
Syntax. DISC(Settlement,Maturity,Price,Redemption,Basis)
Definition. This function calculates the anticipative interest rate (percent markdown, discount, disagio) of a given cash value or final value and the given duration (simple interest yield).
Arguments
Settlement (required) The date when the ownership of the security changes.
Maturity (required) The date when the payments from the security must take place.
Price (required) Specifies the price at which the ownership changes.
Redemption (required) Describes the payment at the day of maturity.
Basis (optional) Defines the method you want to use for determining the days in the year according to Table 15-2, shown earlier. If this argument is not used, Excel calculates with Basis = 0.
All function ...
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