RECEIVED

Function Type: Financial

Description:

Returns the amount received at maturity for a fully invested security.

Function Structure:

=RECEIVED(settlement, maturity, investment, discount, [basis]).

Argument Breakdown:

settlement – Settlement date of the security.

maturity – Maturity date of the security.

investment – Amount investment in the security.

discount – The security’s discount rate.

basis – Day count basis.

Example:

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