DISC (PQL - xl)

This function calculates the discount rate for a security

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module

Syntax

DISC(settlement, maturity, pr, redemption, OPTIONAL basis)
Function Arguments

Name

Description

Type

Optional

settlement

Settlement date for the security

StringOrNumber

maturity

Maturity date for the security

StringOrNumber

pr

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 'DISC' function - using the same inputs, logic and outputs.