Documentation/Calc Functions/PRICEDISC

From The Document Foundation Wiki
Jump to: navigation, search


Im-jabber.svg

Under construction.
For now, see the system Help files.


Function name:

PRICEDISC

Category:

Financial Analysis

Summary:

Calculates the price per 100 currency units of par value of a non-interest- bearing security.

Syntax:

PRICEDISC(Settlement; Maturity; Discount; Redemption; Basis)

Returns:

Arguments:

Settlement is the date of purchase of the security.

Maturity is the date on which the security matures (expires).

Discount is the discount of a security as a percentage.

Redemption is the redemption value per 100 currency units of par value.

Basis (optional) is chosen from a list of options and indicates how the year is to be calculated.

Basis Calculation
0 or missing US method (NASD), 12 months of 30 days each
1 Exact number of days in months, exact number of days in year
2 Exact number of days in month, year has 360 days
3 Exact number of days in month, year has 365 days
4 European method, 12 months of 30 days each

Additional details:

Examples:

A security is purchased on 1999-02-15; the maturity date is 1999-03-01. Discount in per cent is 5.25%. The redemption value is 100. When calculating on basis 2 the price discount is as follows:

=PRICEDISC("1999-02-15"; "1999-03-01"; 0.0525; 100; 2) returns 99.79583.

Related LibreOffice functions:

ODF standard:

Equivalent Excel functions: