DOLLARDE ( fractional-dollar , fraction )

Description: Converts a dollar price expressed as a fraction into a dollar price expressed as a decimal number. [Note: This function is used to convert fractional dollar numbers, such as securities prices, to decimal numbers. end note]

Arguments:

Name	Type	Description
fractional-dollar	number	The number expressed as a fraction.
fraction	number	The integer to use in the denominator of the fraction. [Example: A fractional-dollar value of m.n means m + n/fraction dollars. end example]

Return Type and Value: number – The dollar price expressed as a decimal number.

However, if

• fraction < 0, #NUM! is returned.

• fraction = 0, #DIV/0! is returned.

[Example:

DOLLARDE(1.02,16) results in 1.125
DOLLARDE(1.1,32) results in 1.3125

end example]