Syntax
=COUPPCD(settlement, maturity, frequency, [basis])Arguments
| Argument | Required | Description |
|---|---|---|
settlement | Required | The settlement date of the security |
maturity | Required | The maturity date |
frequency | Required | Coupon payments per year: 1, 2 or 4 |
basis | Optional | The day count basis, 0 to 4 |
How to use COUPPCD
COUPPCD takes 3 required arguments and 1 optional argument. Type =COUPPCD( in a cell and SheetsBat shows the arguments as you go. Optional arguments are shown in square brackets; leave them out to use their default.
Examples
Each result below was calculated by the SheetsBat formula engine.
=COUPPCD(DATE(2011,1,25), DATE(2011,11,15), 2, 1)Result Related financial functions
- COUPDAYSReturns the number of days in the coupon period that contains the settlement date.
- COUPDAYSNCReturns the days from the settlement date to the next coupon date.
- COUPNCDReturns the next coupon date after the settlement date.
- COUPNUMReturns the number of coupons payable between the settlement date and maturity.
- CUMIPMTReturns the total interest paid on a loan between two periods.
- CUMPRINCReturns the total principal paid on a loan between two periods.
- DBReturns the depreciation of an asset for a period with the fixed declining balance method.
- DDBReturns the depreciation of an asset for a period with the double declining balance method or another factor.
- DISCReturns the discount rate of a security.