The LEVEL_COUPON() function calculates the value of a level-coupon bond. For example: if the interest rate is 10%, a $1000 bond with semi-annual coupons at a rate of 13% that matures in 4 years is worth LEVEL_COUPON(1000; .13; 2; 4; .1) or $1096.95.
A función LEVEL_ COUPON () calcula o valor dun bono "level- coupon". Por exemplo: se a taxa de xuro é do 10%, un bono de 1000€ con cupóns semi- anuais a unha taxa do 13% que dure 4 anos vale LEVEL_ COUPON (1000; 0, 13; 2; 4; 0, 1) ou 1096. 95€.