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=PRICE(settlement, maturity, rate, yield, redemption, frequency, basis)=
=PRICE(settlement, maturity, rate, yield, redemption, frequency, basis)=
*where 'settlement' is the security's settlement date (a date when coupon or a bond is purchased),
*where 'settlement' is security's settlement date (a date when coupon or a bond is purchased),
*'maturity' is the security's maturity date (a date when coupon or a bond expires),
*'maturity' is security's maturity date (a date when coupon or a bond expires),
*'rate' is the security's annual coupon rate,
*'rate' is security's annual coupon rate,
*'yield' is the security's annual yield,
*'yield' is security's annual yield,
*'redemption' is security's redemption value per $100 face value,
*'redemption' is security's redemption value per $100 face value,
*'frequency' is the number of coupon payments per year, and
*'frequency' is the number of coupon payments per year, and
*[http://en.wikipedia.org/wiki/Bond_valuation Bond Valuation]
*[http://en.wikipedia.org/wiki/Bond_valuation Bond Valuation]
*[http://en.wikipedia.org/wiki/Day_count_convention Basis Convention]