DOLLARDE

Converts a dollar price expressed as a fraction into a dollar price expressed as a decimal number. Use DOLLARDE to convert fractional dollar numbers, such as securities prices, to decimal numbers.

Syntax

DOLLARDE(fractional_dollar,fraction)

Fractional_dollar is a number expressed as a fraction.

Fraction is the integer to use in the denominator of the fraction.

Remarks

• If fraction is not an integer, it is truncated.
• If fraction is less than 0, DOLLARDE returns the #NUM! error value.
• If fraction is 0, DOLLARDE returns the #DIV/0! error value.

Example

The example may be easier to understand if you copy it to a blank worksheet.

How to copy an example

1. Create a blank workbook or worksheet.
2. Select the example in the Help topic.

   Note Do not select the row or column headers.

   Selecting an example from Help

3. Press CTRL+C.
4. In the worksheet, select cell A1, and press CTRL+V.
5. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.

See also:

• DOLLAR
• DOLLARFR
• Financial functions