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<div style="font-size:30px">'''PRICEDISC (SettlementDate,MaturityDate,DiscountRate,RedemptionValue,Basis)'''</div><br/>
<div style="font-size:25px">'''PRICEDISC (SettlementDate,MaturityDate,DiscountRate,RedemptionValue,Basis)'''</div><br/>
*where <math>SettlementDate</math> is the security's settlement date (a date when coupon or a bond is purchased),
*where <math>SettlementDate</math> is the security's settlement date (a date when coupon or a bond is purchased),
*The function returns the price of a discounted security per $100 face value.
*The function returns the price of a discounted security per $100 face value.
*PRICEDISC is calculated by subtracting discounted amount from redemption value.
*PRICEDISC is calculated by subtracting discounted amount from redemption value.
*<math>SettlementDate</math> and <math>maturity</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
*<math>SettlementDate</math> and <math>MaturityDate</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
*If <math>SettlementDate</math> date ≥ <math>maturity</math> date, Calci displays #N/A error message.
*If <math>SettlementDate</math> date ≥ <math>MaturityDate</math> date, Calci displays #N/A error message.
*<math>DiscountRate</math> value must be greater than or equal to zero, else calci displays #N/A error message.
*<math>DiscountRate</math> value must be greater than or equal to zero, else calci displays #N/A error message.
*<math>RedemptionValue</math> value must be greater than zero, else Calci displays #N/A error message.
*<math>RedemptionValue</math> value must be greater than zero, else Calci displays #N/A error message.
*<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0.
*<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0.
Below table shows the use of <math>basis</math> values:
Below table shows the use of <math>Basis</math> values:
{| class="wikitable"
{| class="wikitable"