Finance.Dollarde Method

FinanceDollarde Method

Converts a fractional price to a decimal price.

Namespace: Imsl.Finance
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.2.0

Syntax

public static double Dollarde(
	double fractionalDollar,
	int fraction
)

Public Shared Function Dollarde ( 
	fractionalDollar As Double,
	fraction As Integer
) As Double

public:
static double Dollarde(
	double fractionalDollar, 
	int fraction
)

static member Dollarde : 
        fractionalDollar : float * 
        fraction : int -> float

fractionalDollar: Type: SystemDouble
A double which specifies a fractional number.
fraction: Type: SystemInt32
A int which specifies the denominator.

Type: Double
A double which specifies the dollar price expressed as a decimal number.

Remarks

It is computed using the following:

${\it idollar} + \left( {{\it fractionalDollar} - {\it idollar}} \right) \times {{10^{\left( {{\it ifrac} + 1} \right)} } \over {\it fraction}}$

where ${\it idollar}$ is the integer part of ${\it fractionalDollar}$ , and ${\it ifrac}$ is the integer part of ${\rm {log}}({\it fraction})$ .