How to Use Excel Disc Function
What is the DISC Function? DISC is a financial function that allows you to calculate the discount rate of a bond. DISC Formula & Parameters The Excel function is written in the following manner: =DISC(settlement, maturity, pr, redemption, [basis]) Parameters Basis Day Count basis 0 or blank US(NASD) 30/360 1 Actual/actual 2 Actual/360 3 Actual/365 4 European 30/360 … Read more