COUPNCD Function
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:…