pricedisc

Price per $100 face value of a discounted security.

Syntax

v = pricedisc(settlement, maturity, discount, redemption, basis)

Description

Returns the price of a security sold at discount (no periodic coupons).

Example

pricedisc('2008-02-16', '2008-03-01', 0.0525, 100)

See also

• price — Price per $100 face value of a coupon-paying bond.
• disc — Discount rate of a security.