Function Type: Financial
Description:
Converts a dollar price, expressed as a fraction, into a dollar price, expressed as a decimal number.
Function Structure:
=DOLLARDE(fractional_dollar, fraction).
Argument Breakdown:
fractional_dollar – Dollar component in special fractional notation.
fraction – The denominator in the fractional unit. 8 = 1/8, 16 = 1/16, 32 = 1/32, etc.
Example:
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