PRICEDISC (PQL - xl)
This function returns the price per $100 face value of a discounted security
- Library: PQL \ Spreadsheet \ Financial
- Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module
Syntax
PRICEDISC(settlement, maturity, discount, redemption, OPTIONAL basis)
Function Arguments
Name | Description | Type | Optional |
settlement | Settlement date for the security | StringOrNumber |
|
maturity | Maturity date for the security | StringOrNumber |
|
discount | Amount invested in the security | Number |
|
redemption | Amount to be received at maturity | Number |
|
basis | Integer representing the basis for day count | Number | Y |
Comments
This function is the same as the Microsoft Excel 'PRICEDISC' function - using the same inputs, logic and outputs.