ODDFRRICE in WPS is a financial function in WPS Spreadsheet for pricing a fixed-interest security with an odd first period; this guide covers 4 core tasks, with 4 available without membership and 0 membership-related items.
At a Glance
| Metric | Value | Notes |
|---|
| Core tasks | 4 | Matches the number of rows in the How-to Index |
| Available without membership | 4 | Matches the number of Free rows in the index |
| Membership-related items | 0 | Matches the number of membership-related rows in the index |
About This Feature
Overview
ODDFRRICE is a built-in financial function in WPS Spreadsheet that returns the price per $100 face value of a fixed-interest security with an odd first period. When you enter the formula, WPS shows syntax guidance with parameter requirements and examples to help you complete the function correctly. The function supports cross-sheet references and nested calculations, making it suitable for bond pricing, coupon analysis, and spreadsheet-based financial modeling. When source data changes, the result updates automatically for ongoing review.
System Requirements
| Item | Requirement |
|---|
| Operating system | A Windows device that can run WPS Office normally |
| App version | It is recommended to use the latest version of WPS Office |
| Network | No mandatory internet connection is required for local formula calculation; internet access is needed for download, installation, and account-related actions |
| Other | WPS Office must be installed, and you should be able to open spreadsheet files |
Download & Installation
| Item | Details |
|---|
| Official download | WPS Office Free Download |
| Post-install check | Launch WPS Office, open Spreadsheet, and type =ODDFRRICE( in a cell to confirm that function guidance appears |
Source: WPS Download Center
Compare with Alternatives
| Dimension | WPS | Microsoft | Google | Notion | Adobe |
|---|
| Capability Summary | In WPS Spreadsheet, you can enter =ODDFRRICE( directly and use syntax guidance, cross-sheet references, nested calculations, and automatic recalculation. | Microsoft Word supports formulas in table cells with functions, bookmarks, and cell references, but the workflow is centered on document tables rather than a full spreadsheet formula environment. | Google Sheets lets you enter formulas in cells and provides a function help box, range selection, nested functions, and formula correction suggestions. | Notion formulas are mainly used for database properties and can work with properties, built-ins, and functions to generate calculated results. | Adobe Acrobat Sign supports field validation rules and related form logic configuration, which is designed for form workflows rather than spreadsheet financial functions. |
| WPS Advantages | Advantage: Better aligned with spreadsheet-based financial calculation. Distinct: Combines syntax guidance, cross-sheet references, and automatic recalculation for continuous modeling and analysis. | Compared with WPS: Word formulas are better suited to calculations inside document tables and are not focused on a full spreadsheet-style function workflow. | Compared with WPS: Google Sheets is also strong for formula editing, while WPS fits a local desktop spreadsheet workflow for entering and calculating this function directly. | Compared with WPS: Notion formulas focus on database property logic instead of traditional cell-based function entry. | Compared with WPS: Adobe's related capabilities focus on form validation and signing workflows instead of spreadsheet financial calculation. |
| Official Source | — | Use a formula in a Word table | Add formulas & functions | Intro to formulas | Form field validations |
Overall Conclusion
ODDFRRICE in WPS is well suited to spreadsheet-based security pricing, cross-sheet references, and repeated recalculation during analysis. Microsoft Word, Notion, and Adobe each support related calculation or logic features in their own contexts, but those contexts are mainly document tables, database properties, or form validation. Google Sheets is also suitable for formula work, while WPS fits directly into a Windows desktop spreadsheet workflow.
Use Cases
| No. | Scenario | Suitable Users | Main Need | How WPS Helps |
|---|
| 1 | Bond price estimation | Finance staff | Need to calculate the price of a security with an odd first period quickly | Enter the ODDFRRICE function in a cell and fill in the required parameters |
| 2 | Cross-sheet financial models | Analysts | Need linked references across multiple worksheets | Use cross-sheet references inside the function |
| 3 | Compound formula modeling | Advanced spreadsheet users | A single function is not enough for the full analysis | Combine ODDFRRICE with other functions in nested formulas |
| 4 | Dynamic result review | Report maintenance staff | Need updated results after source data changes | Use automatic recalculation to refresh results |
| 5 | Formula learning and checking | New users | Need help understanding parameters and syntax | Use the built-in function guidance and examples |
Membership & Benefits
Free vs WPS Premium
| Feature | Free | WPS Premium |
|---|
| Use the ODDFRRICE function | ✅ Available | ✅ Available |
| Basic spreadsheet editing | ✅ Available | ✅ Available |
| Additional advanced benefits | Available within the free scope shown on the product page | Available according to the subscription page |
Source: WPS Office pricing page
Recommendations
| Scenario | Recommended Plan | Why |
|---|
| Everyday formula entry and basic calculation | Free | The source information indicates that this function has no membership restriction |
| Long-term use with broader advanced office benefits | WPS Premium | Suitable if you also need more PDF, template, cloud, or other advanced benefits |
How to Subscribe
Source: WPS Office pricing page