What is the COUPDAYS Function? The COUPDAYS Function is categorized under financial functions. It helps calculate the number of days in the coupon period that contains the settlement date. Coupon bonds are bonds that pay interest before the maturity of the bond. As a bond purchaser, we will be interested in knowing how long we…
What is the COUPPCD Function? The COUPPCD Function is a Financial function. It helps calculate the calendar date of the most recent coupon payment. The function returns the result in form of a date. Formula =COUPPNCD(settlement, maturity, frequency, [basis]) The COUPPNCD function uses the following arguments: Settlement (required argument) – This is the settlement date…
What is the COUPNUM Function? The COUPNUM Function is a financial function. It helps calculate the number of coupon payments that we will receive from the settlement date of a bond to its maturity date. Formula =COUPNUM(settlement, maturity, frequency, [basis]) The COUPNUM function uses the following arguments: Settlement (required argument) – This is the settlement…
What is the COUPNCD Function? The COUPNCD Function is an Excel financial function. It calculates the number that is the next coupon date after settlement. After purchasing a bond, we can calculate the date when the first coupon payment is due using COUPNCD. Formula =COUPNCD(settlement, maturity, frequency, [basis]) The COUPNCD function uses the following arguments:…
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The IFS function in Excel is a logical function that returns a value corresponding to the first TRUE condition in a series of logical tests. Introduced in Excel 2016, it simplifies multiple conditional checks compared to nested IF functions. The function’s syntax is =IFS(logical_test1, value1, [logical_test2, value2], …), allowing up to 127 conditions. It is…
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What is Breakup Value? Breakup value is the value of a company if its components were to be sold or spun off and operated independently. The breakup value is obtained by taking the total assets of each component and deducting the total liabilities. If the current breakup value exceeds the current market value of the…
