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.