PRICE Function in Excel: Syntax, Examples and Free Practice
PRICE is an Excel Financial function. Returns the price of a bond per $100 face value.
PRICE syntax
Arguments
settlement: The security's settlement (purchase) datematurity: The security's maturity daterate: The interest rate per periodyld: The annual yield of the securityredemption: The security's redemption value per $100 face value
When to use PRICE
PRICE is used in loan, investment, or valuation models where precise financial math is required.
Practice PRICE online, free
Open the live Excel-style spreadsheet and try PRICE yourself. No Excel install or sign-up needed to start.
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Frequently asked questions
What does the PRICE function do in Excel?
Returns the price of a bond per $100 face value.
What is the syntax of PRICE in Excel?
The syntax is =PRICE(settlement, maturity, rate, yld, redemption, frequency, [basis]). settlement: The security's settlement (purchase) date; maturity: The security's maturity date; rate: The interest rate per period; yld: The annual yield of the security; redemption: The security's redemption value per $100 face value.
Where can I practice PRICE online for free?
Open the free live spreadsheet on Cellgrids and try PRICE yourself. No Excel install is needed and you can start without signing up.
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