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SpreadJS Overview
Getting Started
JavaScript Frameworks
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SpreadJS Designer
SpreadJS Designer Component
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Formula Reference
- Formula Overview
- Formula Functions
  - Barcode Functions
  - Compatibility Functions
  - Database Functions
  - Date and Time Functions
  - Engineering Functions
  - Financial Functions
    - ACCRINT
    - ACCRINTM
    - AMORDEGRC
    - AMORLINC
    - COUPDAYBS
    - COUPDAYS
    - COUPDAYSNC
    - COUPNCD
    - COUPNUM
    - COUPPCD
    - CUMIPMT
    - CUMPRINC
    - DB
    - DDB
    - DISC
    - DOLLARDE
    - DOLLARFR
    - DURATION
    - EFFECT
    - FV
    - FVSCHEDULE
    - INTRATE
    - IPMT
    - IRR
    - ISPMT
    - MDURATION
    - MIRR
    - NOMINAL
    - NPER
    - NPV
    - 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
  - Information Functions
  - Logical Functions
  - Lookup and Reference Functions
  - Math and Trigonometric Functions
  - Statistical Functions
  - Sparkline Functions
  - Text Functions
  - Web Functions
  - Other Functions
  - RegEx Functions
Import and Export Reference
Frequently Used Events
API Documentation
Release Notes

DISC

This function calculates the discount rate for security.

Syntax

DISC(settle, mature, pricep, redeem, basis)

Arguments

This function has these arguments:

Argument	Description
settle	Settlement date for the security
mature	Maturity date for the security
pricep	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.)

Remarks

Settle, mature, and basis are truncated to integers.

The function returns an error in the following cases:

If settle or mature is not a valid serial date number.
If pricep or redeem is less than or equal to 0.
If basis is less than 0 or greater than 4.
If settle is greater than or equal to mature.

Data Types

Accepts numeric and DateTime object data. Returns numeric data.

Examples

DISC(A1,B1,C4,100,2)

DISC("3/15/2003","5/15/2003",R3C4,R5C5,4)

DISC("5/15/2004","9/1/2004",98.2,100,3) gives the result 0.0602752294