Learn How to Use Microsoft Excel COUPNCD Function

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In this article, you will learn how to use the Microsoft Excel COUPNCD function and its prime function in Microsoft Excel. You will also get to know the Microsoft Excel COUPNCD function return value and syntax with the help of some examples.

Microsoft Excel COUPNCD Function

The main purpose of the Microsoft Excel COUPNCD function is to get the next coupon date after the settlement date. That implies, with the help of the COUPNCD function you can able to return the next coupon date after the settlement date. So, with the help of the COUPNCD function, you can able to get the next coupon date after the settlement date.

Return Value of COUPNCD Function

The return value will be the next coupon date.

Syntax of COUPNCD Function

=COUPNCD(settlement, maturity, frequency [basis])

Where the arguments:

• settlement: This is the settlement date of the security.
• maturity: This is the maturity date of the security.
• frequency: This is the number of coupon payments per year, where annual = 1, semi-annual = 2, and quarterly = 4.
• basis: This is the day count basis, default is 0 (optional).

How to Use Microsoft Excel COUPNCD Function?

So we know that Microsoft Excel COUPNCD function you can able to get the next coupon date after the settlement date. That implies, with the help of the COUPNCD function you can able to return the next coupon date after the settlement date. So, with the help of the COUPNCD function, you can able to get the next coupon date after the settlement date.