Discount rate of a security.

Syntax

d = discrate(sd, md, rv, price, basis)
d = discrate(sd, md, rv, price)

Arguments

sd

Settlement date. Enter as serial date number or date string. sd must be earlier than or equal to md.

md

Maturity date. Enter as serial date number or date string.

rv

Redemption (par, face) value.

price

Price of the security.

basis

Day-count basis: 0 = actual/actual (default), 1 = 30/360,
2 = actual/360, 3 = actual/365.

Description

Example

d = discrate('12-jan-1994', '25-jun-1994', 100, 97.74, 0)

d =
    0.0503

See Also

Reference