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How to Use PRICE() in Google Sheets

Description

Calculates the price of a security paying periodic interest, such as a US Treasury Bond, based on expected yield.

How To Actually Use PRICE() in Sheets

PRICE(settlement, maturity, rate, yield, redemption, frequency, [day_count_convention])

Try PRICE yourself

Use the PRICE() function to calculate the price of a bond in cell D1. The settlement date is in A1, maturity date in B1, annual coupon rate in C1, yield in E1, redemption value in F1, and frequency in G1.

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