RECEIVED DAX Function (Financial)

Returns the amount received at maturity for a fully invested security.

Syntax

RECEIVED ( <Settlement>, <Maturity>, <Investment>, <Discount> [, <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.
Investment		The amount invested in the security.
Discount		The security’s discount rate.
Basis	Optional	The type of day count basis to use.

Scalar A single decimal value.

Contributors: Alberto Ferrari, Marco Russo