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RECEIVED

Returns the amount received at maturity for a fully invested security

Syntax

RECEIVED(settlement, maturity, investment, discount, [basis])

Parameters

  • settlement: Required. The security's settlement date
  • maturity: Required. The security's maturity date
  • investment: Required. The amount invested in the security
  • discount: Required. The security's discount rate
  • basis: Optional. The type of day count basis

Example

=RECEIVED("02/15/2024", "05/15/2024", 1000000, 0.0575, 2)
Returns: NumberSince: Excel 2003