# PRICE

Spread for WinForms provides advanced software components that support Excel import/export, full cell customization, an extensive calculation engine with over 450 functions and more, all with zero dependencies on Excel.

## Content



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

## Syntax

PRICE(*settlement,maturity,rate,yield,redeem,frequency,basis*)

## Arguments

This function has these arguments:

| **Argument** | **Description** |
| -------- | ----------- |
| *settle* | Settlement date for the security |
| *maturity* | Maturity date for the security |
| *rate* | Annual coupon rate |
| yield | Annual yield for the security |
| redeem | Redemption value per $100 face value for the security |
| frequency | Frequency of payment, number of payments per year; must be 1, 2, or 4 |
| *basis* | [Optional] Integer representing the basis for day count (Refer to [Day Count Basis](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance/formulas-functsdaycount).) |

## 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. 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.

## Data Types

Accepts numeric data and dates. Returns numeric data.

## Examples

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

## Version Available

This function is available in product version 2.0 or later.

## See Also

[PRICEMAT](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionPRICEMAT) \| [PRICEDISC](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionPRICEDISC) \| [ODDFPRICE](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionODDPRICE) \| [ODDLPRICE](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionODDLPRICE) \| [Financial Functions](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance)