"coupon rate" AND Excel?
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How can I find the coupon rate of a bond using Excel or a calculator?
"coupon rate" AND Excel?the coupon rate is the stated rate. For example, a bond will list what its rate is...maybe 5%. If you are given an interest payment, you divide that into the par value of the bond and then compensate for how many months that payment was for. example, a 250 semiannual payment from a 10k par bond would be 250/10000=2.5% per 1/2 year or 5%/year.
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