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Tag: DISC function

DISC function: Description, Usage, Syntax, Examples and Explanation

What is DISC function in Excel? DISC function is one of the Financial functions in Microsoft Excel that returns the discount rate for a security. Syntax of DISC function DISC(settlement, maturity, pr, redemption, [basis]) The DISC function syntax has the following arguments: Settlement: The security’s settlement date. The security settlement date is the date after the issue date when the security…