# dec2thirtytwo

Decimal to thirty-second quotation

## Syntax

```[OutNumber, Fractions] = dec2thirtytwo(InNumber, Accuracy)
```

## Arguments

 `InNumber` Input number as a decimal fraction. `Accuracy ` (Optional) Rounding. Default = 1, round down to nearest thirty second. Other values are 2 (nearest half), 4 (nearest quarter) and 10 (nearest decile).

## Description

`[OutNumber, Fractions] = dec2thirtytwo(InNumber, Accuracy)` changes a decimal price quotation for a bond or bond future to a fraction with a denominator of 32.

`OutNumber` is `InNumber` rounded downward to the closest integer.

`Fractions` is the fractional part in units of thirty-second with accuracy as prescribed by the input `Accuracy`.

## Examples

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### Convert Decimal to Thirty-Second Quotation

This example shows two bonds that are quoted with decimal prices of 101.78 and 102.96. These prices are converted to fractions with a denominator of 32.

```InNumber = [101.78; 102.96]; [OutNumber, Fractions] = dec2thirtytwo(InNumber) ```
```OutNumber = 101 102 Fractions = 25 31 ```