On 2023/05/02 16:22:10 Czesław Wolański wrote:
> It follows that the function
> RECEIVED(settlementdate; maturitydate; purchasevalue; discountrate; basis)
> should return the same value as the formula
> = purchasevalue * ( 1 - discountrate * 
> YEARFRAC(settlementdate;maturitydate;basis) ) 


My apologies. I meant of course:

= purchasevalue / ( 1 - discountrate * 
YEARFRAC(settlementdate;maturitydate;basis) ) 



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