Excel

ODDFPRICE: Excel Formulae Explained

How do you use ODDFPRICE in Excel?

ODDFPRICE is used in Excel to calculate the price of a security that pays an odd dividend. The formula is:

ODDFPRICE = (CURRENTPRICE - INT(CURRENTPRICE/2))/(1+RATE)

where CURRENTPRICE is the current price of the security, INT is the integer function, and RATE is the annual dividend yield.

What is the syntax of ODDFPRICE in Excel?

ODDFPRICE is a custom function in Excel that calculates the price of a security using the odd-lot theory. The syntax of ODDFPRICE is as follows:

=ODDFPRICE( security, multiplier, period)

security is the security you are pricing multiplier is the multiplier for the odd-lot theory period is the number of periods over which the multiplier is applied

What is an example of how to use ODDFPRICE in Excel?

ODDFPRICE is a function in Excel that calculates the price per unit of a product that has been discounted. The function takes three arguments: the original price of the product, the amount of the discount, and the quantity of the product. The function then calculates the price per unit of the product after the discount has been applied.

For example, if a product originally costs $10 and is discounted by 20%, the price per unit after the discount is applied would be $8. The function can be used in a formula to calculate the total cost of a product after the discount has been applied. For example, if a product is discounted by 20%, the total cost of the product after the discount is applied would be $8.

When should you not use ODDFPRICE in Excel?

ODDFPRICE should not be used when there is more than one row of data in the column being averaged. In this case, the median should be used instead.

What are some similar formulae to ODDFPRICE in Excel?

ODDFPRICE in Excel is a formula that calculates the price of a security that pays an odd cash flow. The similar formulae to ODDFPRICE in Excel are as follows:

1. ODDFYIELD: This formula calculates the yield of a security that pays an odd cash flow.

2. ODDFVAL: This formula calculates the value of a security that pays an odd cash flow.

3. ODDFPRICE2: This formula calculates the price of a security that pays an odd cash flow, using the second order approximation.

4. ODDFPRICE3: This formula calculates the price of a security that pays an odd cash flow, using the third order approximation.

5. ODDFPRICE4: This formula calculates the price of a security that pays an odd cash flow, using the fourth order approximation.

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