COUPPCD Excel Formula

Microsoft Excel is considered the spreadsheet application that is written and distributed by Microsoft Corporation which is exclusive for Mac OS X and Microsoft windows. It is considered as the software program that features pivot tables, calculation, graphing tools and the visual basic applications which is commonly called the “macro programming language”. This software program is considered as a widely applied spreadsheet in 1993 that is applicable for such platforms.

Microsoft Excel is simple to understand and learn. Surely, any beginner user will have fun and enjoy the obtainable knowledge from Microsoft Excel. The user is required to learn and study the different functions and formulas of the said software program. There are countless number of professionals who are willing to teach the basic and techniques of this software program especially in calculating and analyzing data with its given formulas. What is important is to learn the use of Microsoft Excel and other system application or software program such as the Calc and Microsoft. The software program has eight parts, which you have to learn first before setting off to its function and formula. These eight parts can be seen entirely on its screen upon opening the spreadsheet or the worksheet. These parts’ consist of the name box, formula bar, column letters, ribbon, file tab, active cells, sheet tabs and row numbers.

Learning the basics of Microsoft Excel is the major reason why a lot of business is very efficient in the calculation and evaluation of company reports and data. That’s why you have to know the varieties of its function and formula to efficiently use it. One of these functions that you have to know and be familiar with is the COUPPCD function of Microsoft Excel. This function of Microsoft is immediately returning the coupon date prior to the date of settlement. COUPPCD function in Excel is under the type of Scalar function. The syntax for this function is “SELECT [dbo].COUPPCD(settlement, maturity, frequency, basis) FROM [table]”.

The “[dbo]” must be replaced with schema under the application installed by the user for the SQLF financials. The parameters assumed from various field names, which contains the required data. Thus, it can be replaced with any valid expression that yields the right type of argument. “[table]” can be replaced with the view, table or subquery, which contains data points. The “SELECT” statement is replaced with various suitable T-SQL statements which includes function call.

REMARKS

  • Only the date part of the “argument” is being used for maturity and settlement.
  • Basis and frequency might be in various numeric types. However, non-integral types are being reduced resulting to an integer of permitted value, which is shown above.
  • Keep in mind that the frequency allows values of six and twelve to be specific. However, the monthly and bimonthly payments are not available in Microsoft Excel.
  • The returned SQL type is “datetime”.
  • Null values inside the input are not allowed.

If the COUPPCD function in Microsoft Excel is currently not available in your computer and returning the error #NAME! value, the user should download and set up the “analysis ToolPak add-in”.

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