Investment Studio > Expressions > Functions > Financial > DOLLARDE

float dollarde(float fractional_dollar, integer denominator)

Returns the decimal number corresponding to the fractional dollar price fractional_dollar.

The part of fractional_dollar to the right of the decimal sign is a fraction of denominator (> 0).

Example

=dollarde(2.06, 16)

and

=dollarde(2.3, 8)

both equal 2.375, while

=dollarde(2.6, 16)

equals 2 + 60 / 16 = 5.75.

See also dollarfr.