thirtytwo2dec
Thirty-second quotation to decimal
Description
changes
the price quotation for a bond or bond future from a fraction with
a denominator of 32 to a decimal.OutNumber
= thirtytwo2dec(InNumber
,InFraction
)
Examples
Change the Price Quotation for a Bond or Bond Future From a Fraction
This example shows how to change the price quotation for a bond or bond future from a fraction with a denominator of 32 to a decimal, given two bonds that are quoted as 101-25 and 102-31.
InNumber = [101; 102]; InFraction = [25; 31]; OutNumber = thirtytwo2dec(InNumber, InFraction)
OutNumber = 2×1
101.7812
102.9688
Input Arguments
InNumber
— Input number
integer
Input number, specified as a scalar or an N
-by-1
vector
of integers representing price without the fractional components.
Data Types: double
InFraction
— Fractional portions of each element in InNumber
numeric decimal fraction
Fractional portions of each element in InNumber
,
specified as a scalar or an N
-by-1
vector
of numeric decimal fractions.
Data Types: double
Output Arguments
OutNumber
— Output number that represents sum of InNumber
and InFraction
decimal
Output number that represents sum of InNumber
and InFraction
,
returned as a decimal.
Version History
Introduced before R2006a
See Also
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