# PRICE

financial · from excel · excel: verified match · sheets: verified match

returns the price per $100 face value of a security paying periodic interest

## signature

```
PRICE(settlement, maturity, rate, yld, redemption, frequency, [basis])
```

returns: `number`

## arguments

- settlement: number: required
- maturity: number: required
- rate: number: required
- yld: number: required
- redemption: number: required
- frequency: number: required
- basis: number: optional

## examples

formula and result, asserted in the engine test suite.

| formula | result | with |
| --- | --- | --- |
| `=PRICE(DATE(2026,1,1), DATE(2030,1,1), 0.05, 0.06, 100, 2)` | `96.49015390523225` | none |

## errors

error values observed from the engine: each with a call that produces it.

| error | produced by |
| --- | --- |
| `#ERROR!` | `=PRICE(1, 2, 3, 4, 5)` |

## related

- [ACCRINT](https://deepcalc.com/docs/functions/accrint.md): accrued interest for a security paying periodic interest
- [ACCRINTM](https://deepcalc.com/docs/functions/accrintm.md): accrued interest for a security paying at maturity
- [AMORDEGRC](https://deepcalc.com/docs/functions/amordegrc.md): depreciation per period, French accounting, degressive
- [AMORLINC](https://deepcalc.com/docs/functions/amorlinc.md): depreciation per period, French accounting, linear
- [COUPDAYBS](https://deepcalc.com/docs/functions/coupdaybs.md): days from coupon period start to settlement
- [COUPDAYS](https://deepcalc.com/docs/functions/coupdays.md): days in the coupon period containing settlement
- [COUPDAYSNC](https://deepcalc.com/docs/functions/coupdaysnc.md): days from settlement to the next coupon date
- [COUPNCD](https://deepcalc.com/docs/functions/coupncd.md): next coupon date after settlement

## navigate

- [all financial functions](https://deepcalc.com/docs/functions/financial-functions.md)
- [function index](https://deepcalc.com/docs/functions.md): all 602 functions
- [error values](https://deepcalc.com/docs/errors.md) · [concepts](https://deepcalc.com/docs/concepts.md) · [limits](https://deepcalc.com/docs/limits.md)
- [everything in one file](https://deepcalc.com/llms-full.txt)

source: https://deepcalc.com/docs/functions/price