INTRATE
Description
Returns the interest rate for a fully invested security.
Syntax
INTRATE(
settlement
,
maturity
,
investment
,
redemption
, [
basis
])
- settlement: The security's settlement date.
- maturity: The security's maturity date.
- investment: The security's initial investment amount.
- redemption: The amount to receive at the security's maturity date.
- basis: The financial day count to use, shown here using x/y where x = days per month and y = days per year. 0 or Empty = US NASD 30/360; 1 = actual/actual; 2 = actual/360; 3 = actual/365; 4 = European 30/360.