DISC
Returns the discount rate for a security
Syntax
DISC(settlement, maturity, pr, redemption, [basis])
Parameters
- settlement: Required. The security's settlement date
- maturity: Required. The security's maturity date
- pr: Required. The security's price per $100 face value
- redemption: Required. The security's redemption value per $100 face value
- basis: Optional. The type of day count basis
Example
=DISC("01/25/2024", "06/15/2024", 97.975, 100, 1)