# PRICEDISC

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 returns the price per $100 face value of a discounted security.

## Syntax

PRICEDISC(*settle*,*mature*,*discount*,*redeem*,*basis*)

## Arguments

This function has these arguments:

| **Argument** | **Description** |
| -------- | ----------- |
| *settle* | Settlement date for the security. |
| *mature* | Maturity date for the security. |
| *discount* | Amount invested in the security. |
| *redeem* | Amount to be received at maturity. |
| *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 mature is invalid. Settle, mature, and basis are truncated to integers. If discount or 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 mature, a #NUM! error is returned.

## Data Types

Accepts numeric data for all arguments. Returns numeric data.

## Examples

`PRICEDISC(A1,A2,A5,A7,1)`
`PRICEDISC(R1C1,R2C1,R5C5,R5C7,2)`
`PRICEDISC("5/15/2004","9/1/2004",0.06,100,3)` gives the result 98.20822

## Version Available

This function is available in product version 1.0 or later.

## See Also

[DISC](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsDtoG/FunctionDISC) \| [PRICEMAT](/spreadnet/docs/latest/online-formula/formulas-functionsall/formulas-functsMtoQ/FunctionPRICEMAT) \| [Financial Functions](/spreadnet/docs/latest/online-formula/formulas-overview/formulas-functs/formulas-functtypes/formulas-functsfinance)