Difference between revisions of "Manuals/calci/COUPPCD"

 
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*<math>Frequency</math> is the number of coupon payments per year, and  
 
*<math>Frequency</math> is the number of coupon payments per year, and  
 
*<math>Basis</math> is the type of day count basis to use.
 
*<math>Basis</math> is the type of day count basis to use.
 
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**COUPPCD(), returns the previous coupon date before the settlement date.
COUPPCD(), returns the previous coupon date before the settlement date.
 
  
 
== Description ==
 
== Description ==
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1. =COUPPCD(A1,A2,A3,A4) displays '''Sun Jun 20 2010 15:57:03 GMT+0530 (India Standard Time)''' as a result.
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1. =COUPPCD(A1,A2,A3,A4) displays '''06/20/2010''' as a result.
  
2. =COUPPCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays '''Fri Jan 06 2012 00:00:00 GMT+0530 (India Standard Time)''' as a result.
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2. =COUPPCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays '''01/06/2012''' as a result.
  
 
==Related Videos==
 
==Related Videos==
  
{{#ev:youtube|gyPAbeZAG4M|280|center|COUPPCD}}
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{{#ev:youtube|v=cKGhoc9o3sg|280|center|COUPPCD}}
  
 
== See Also ==
 
== See Also ==

Latest revision as of 04:48, 11 May 2022

COUPPCD(Settlement,Maturity,Frequency,Basis)


  • Where is the security's settlement date (a date when coupon or a bond is purchased),
  • is the security's maturity date (a date when coupon or a bond expires),
  • is the number of coupon payments per year, and
  • is the type of day count basis to use.
    • COUPPCD(), returns the previous coupon date before the settlement date.

Description

COUPPCD(Settlement, Maturity, Frequency, Basis)

  •   and   dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
  • If   date =   date, Calci displays #N/A error message.
  • The values for   should be 1,2 or 4.

For Annual payment, Frequency = 1,

For Semi-annual payment, Frequency = 2,

For Quarterly payment, Frequency = 4.

  •   value is optional. If omitted, Calci assumes it to be 0.

Below table shows the use of   values:

Basis Description
0 US (NASD) 30/360
1 Actual/actual
2 Actual/360
3 Actual/365
4 European 30/360
  • If   value is other than 0 to 4, Calci displays #N/A error message.

Examples

Consider the following example that shows the use of COUPPCD function:

06/20/2010
12/20/2014
2
1

1. =COUPPCD(A1,A2,A3,A4) displays 06/20/2010 as a result.

2. =COUPPCD(DATE(2012,1,31),DATE(2014,1,6),1,1) displays 01/06/2012 as a result.

Related Videos

COUPPCD

See Also


References