According to Wikipedia, an open formula is a WFF without quantifiers.
I have read that a propositional function is the same as open formula.
Are both of these statements correct? Is it true that one can't have a propositional function with quantifiers?
No, propositional calculus does not allow for existential or universal quantification. The reason being propositional calculus is supposed to be "the most bare boned calculus" you can construct to derive "useful" things with. Interestingly enough, even solving for this simple a system is NP-complete, which means that given a formula, finding solutions take exponential time with respect to formula length.
If you want more power, then first-order logic or something similar is the way to go.