# Learn How to Use Microsoft Excel PRICEDISC Function

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In this article, you will learn how to use the Microsoft Excel PRICEDISC function and its prime function in Microsoft Excel. You will also get to know the Microsoft Excel PRICEDISC function return value and syntax with the help of some examples.

Microsoft Excel PRICEDISC Function

The main purpose of the Microsoft Excel PRICEDISC function is to get the price per \$100 discounted security. That implies, with the help of the PRICEDISC function you can able to return the price per \$100 face value of a discounted security. So, with the help of the PRICEDISC function, you can able to get the price per \$100 discounted security.

Return Value of PRICEDISC Function

The return value will be the bond price.

Syntax of PRICEDISC Function

=PRICEDISC(sd, md, discount, redemption, [basis])

Where the arguments:

• sd: This is the settlement date of the security.
• md: This is the maturity date of the security.
• discount: This is the discount rate of the security.
• redemption: This is the redemption value per \$100 face value.
• basis: This is the day count basis, and defaults to 0 (optional).

How to Use Microsoft Excel PRICEDISC Function?

So we know that Microsoft Excel PRICEDISC function you can able to get a price per \$100 discounted security. That implies, with the help of the PRICEDISC function you can able to return the price per \$100 face value of a discounted security. So, with the help of the PRICEDISC function, you can able to get the price per \$100 discounted security.