DISC DAX Function (Financial)

Returns the discount rate for a security.

Syntax

DISC ( <Settlement>, <Maturity>, <Pr>, <Redemption> [, <Basis>] )

Parameter	Attributes	Description
Settlement		The security’s settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer.
Maturity		The security’s maturity date. The maturity date is the date when the security expires.
Pr		The security’s price per $100 face value.
Redemption		The security’s redemption value per $100 face value.
Basis	Optional	The type of day count basis to use.

Scalar A single decimal value.

Contributors: Alberto Ferrari, Marco Russo