Coupon Rate Template
This coupon rate template will calculate a bonds coupon rate based on the total annual coupon payments and the face value of the bond. As is customary with CFI templates the blue values are hardcoded numbers and black numbers are calculations dependent on other cells.
Here is a snippet of the template:
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Coupon Rate Formula
The formula for calculating the Coupon Rate is as follows:
C = Coupon rate
I = Annualized interest
P = Par value, or principal amount, of the bond
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