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  - ACCRINT
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  - AMORDEGRC
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  - COUPDAYBS
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  - COUPNCD
  - COUPNUM
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  - DB
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  - IPMT
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  - MDURATION
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  - NOMINAL
  - NPER
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  - ODDFPRICE
  - ODDFYIELD
  - ODDLPRICE
  - ODDLYIELD
  - PDURATION
  - PMT
  - PPMT
  - PRICE
  - PRICEDISC
  - PRICEMAT
  - PV
  - RATE
  - RECEIVED
  - RRI
  - SLN
  - SYD
  - TBILLEQ
  - TBILLPRICE
  - TBILLYIELD
  - VDB
  - XIRR
  - XNPV
  - YIELD
  - YIELDDISC
  - YIELDMAT
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Release Notes

PRICE

This function calculates the price per $100 face value of periodic interest security.

Syntax

PRICE(settlement, maturity, rate, yield, redeem, frequency, [basis])

Arguments

This function has these arguments:

Argument	Description
settle	[Required] Settlement date for the security
maturity	[Required] Maturity date for the security
rate	[Required] Annual coupon rate
yield	[Required] Annual yield for the security
redeem	[Required] Redemption value per $100 face value for the security
frequency	[Required] Frequency of payment, number of payments per year; must be 1, 2, or 4
basis	[Optional] Integer representing the basis for day count

Remarks

This function returns a #VALUE! error when settle or maturity is invalid. A #NUM! error is returned if frequency is a number other than 1, 2, or 4. Settle, maturity, frequency, and basis are truncated to integers.

The function returns an error in the following cases:

If yield or rate is less than 0, a #NUM! error is returned.
If redeem is less than or equal to 0, a #NUM! error is returned.
If basis is less than 0 or greater than 4, a #NUM! error is returned.
If settle is greater than or equal to maturity, a #NUM! error is returned.

Examples

PRICE(A3,A4,A5,A6,A7,A8,A9)