Microsoft® Excel® 2010 Formulas & Functions Inside Out
by Helmut Reinke Egbert Jeschke Sara Unverhau, Eckehard Pfeifer, Bodo Fienitz, and Jens Bock
ODDFPRICE()
Syntax. ODDFPRICE(Settlement,Maturity,Issue,First_Coupon,Rate,Yld,Redemption, Frequency,Basis)
Definition. Calculates the price of a fixed-interest security while taking into consideration the first interest period, which is shorter or longer than the remaining regular interest periods (quarter, half year, entire year).
Arguments
Settlement (required) The date when the loan becomes the property of the purchaser.
Maturity (required) The date when the repayment of the certified amount takes place.
Issue (required) The date of the emission of the security.
First_Coupon (required) The date of the first interest payment.
Rate (required) The nominal yield (annual interest rate) of the bond.
Yld (required) The market interest rate of bonds of the ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access