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COUPDAYS |
  
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COUPDAYS |
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This function returns the number of days in the coupon period that contains the settlement date.
Syntax
COUPDAYS(settlement,maturity,frequency,basis)
Arguments
This function has these arguments:
Argument |
Description |
settlement |
Settlement date for the security |
maturity |
Maturity date for the security |
frequency |
Frequency of payment, number of coupon payments per year; must be 1, 2, or 4 |
basis |
[Optional] Integer representing the basis for day count (Refer to Day Count Basis.) |
Remarks
This function returns an error if settlement or maturity is invalid (#VALUE!), or if frequency is a number other than 1, 2, or 4 (#NUM!). All arguments are truncated to integers. If basis is greater than 4 or less than 0, a #NUM! error is returned. If settlement is greater than or equal to maturity, a #NUM! error is returned.
Data Types
Accepts numeric and DateTime object data. Returns numeric data.
Examples
COUPDAYS(A1,A2,A3,A4)
See Also