How to define inner function in a function?

Question

(defun div618 (p1 p2)
"golden split"
    (let ((ratio '(0. 0.191 0.236 0.382 0.5 0.618 0.809 1.))
          (price (lambda (r) (if (<= p1 p2) (+ p1 (* (- p2 p1) r)) (- p1 (* (- p1 p2) r))))))
         (if (<= p1 p2)
             (dolist (r (reverse ratio)) (format t "-------~d   ~d-------~%" r (price r)))
             (dolist (r ratio) (format t "-------~d  ~d-------~%" r (price r))))))

(div618 1600 6000)

 *** - EVAL: undefined function PRICE
 The following restarts are available:
 USE-VALUE      :R1      Input a value to be used instead of (FDEFINITION 'PRICE).
 RETRY          :R2      Retry
 STORE-VALUE    :R3      Input a new value for (FDEFINITION 'PRICE).
 ABORT          :R4      Abort main loop

Why cannot the inner function "price" be used ?

Sincerely!