PRICEDISC

Name

PRICEDISC —
PRICEDISC(settlement,maturity,discount,redemption[,basis]@DESCRIPTION=PRICEDISC calculates and returns the price per $100 face value of a security bond.  The security does not pay interest at maturity.  @discount is the rate for which the security is discounted.  @redemption is the amount to be received on @maturity date.  @basis is the type of day counting system you want to use:

See also

PRICEMAT