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. |
Return values
Scalar A single decimal value.
Last update: May 12, 2021 » Contribute » Show contributors
Contributors: Alberto Ferrari, Marco Russo
Microsoft documentation: https://support.microsoft.com/en-us/office/disc-function-71fce9f3-3f05-4acf-a5a3-eac6ef4daa53
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