TRUECALC
Functions

DOLLARDE

Convert dollar price to decimal

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When to use it

When should I use DOLLARDE?

Use DOLLARDE to convert a bond price quoted in fractional notation (e.g., 100.10 meaning 100 and 10/32) to a plain decimal price that can be used in arithmetic.

Used in

finance

Syntax

DOLLARDE(fractional_dollar, fraction)

Examples

=DOLLARDE(100.10,32) // => 100.31249999999999
=DOLLARDE(100.01,8) // => 100.0125

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