It is shown that the high-field curvature in the in-plane and polar ma
gnetization curves of exchange-coupled MBE-grown Co/Cu/Co(111) structu
res can be accurately fitted by assuming a sizeable biquadratic coupli
ng in addition to the bilinear coupling, and the existence of a large
areal fraction of ferromagnetic inclusions. Measurements on a sample w
ith a single Co layer confirm that the curvature does not originate fr
om the individual Co layers. Analysis of two Co/Cu/Co(111) trilayers w
ith different Co-Cu interface qualities, as measured by NMR, shows sig
nificantly higher bilinear and biquadratic coupling strengths for the
trilayer with the better defined Co-Cu interfaces. While NMR indicates
reasonably good structural quality on a short lateral length scale, p
olar Kerr measurements as a function of interlayer thickness, and pola
rized neutron reflection measurements, indicate the existence of struc
tural imperfections on a long lateral length scale.