WorksheetFunction.Price (Excel)

Returns the price per $100 face value of a security that pays periodic interest.

Price (Arg1, Arg2, ..., Arg7)

Dim dblPrice As Double
dblPrice = WorksheetFunction.Price(Arg1:=, Arg2:=, Arg3:=, Arg4:=, Arg5:=, Arg6:=)

Arguments

Arg1 - Settlement - the security's settlement date. The security settlement date is the date after the issue date when the security is traded to the buyer

Arg2 - Maturity - the security's maturity date. The maturity date is the date when the security expires

Arg3 - Rate - the security's annual coupon rate

Arg4 - Yld - the security's annual yield

Arg5 - Redemption - the security's redemption value per $100 face value

Arg6 - Frequency - the number of coupon payments per year. For annual payments, frequency = 1; for semiannual, frequency = 2; for quarterly, frequency = 4

Arg7 - Basis - the type of day count basis to use