PRICEMAT function - Zoho Sheet - Help Guide

PRICEMAT

Calculates the price per 100 currency units of the security that pays interest at maturity.

 

Syntax

 

PRICEMAT(settlement; maturity; issue_date; rate; yield; [basis])

settlement: The date of purchase of the security. Eg., "4/1/2018"

maturity: Date on which the security matures. Eg., "4/12/2020"

issue_date: The issue date of the security. Eg., "1/2/2018"

rate: The interest rate of the security. Eg., 2.3

yield: The annual yield of the security. Eg., 1.5
basis: Indicates the day count method to use. Defaults to 0 if omitted.
0 - US method (NASD), 12 months of 30 days each
1 - Exact number of days in months, exact number of days in year
2 - Exact number of days in month; year has 360 days
3 - Exact number of days in month; year has 365 days
4 - European method, 12 months of 30 days each

 

Examples  

 

Formula

Result

=PRICEMAT(A2;B2;C2;D2;E2;F2)

97.917808219

=PRICEMAT(A3;B3;C3;D3;E3;F3)

82.077923211

=PRICEMAT(A4;B4;C4;D4;E4;F4)

47.28336595


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

 

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