"pakeez" wrote:
110-16 is in cell A1 then formula for converting to
decimal would be: =Left(A1,3)+Right(A1,3)/320

Yes. But according to your example, the left part is not always 3 digits.
Ostbensibly, the more versatile conversion to decimal is:

left(A1,find("-",A1)-1)+right(A1,3)/320

However, initially you said "110-16 which is equivalent to 110 16/32". Did
you really mean 110-160, as you use later? That is, is the right part
always 3 digits?

I hope so. It would be difficult, but not insurmountable, to differentiate
2-digit and 3-digit right parts.


Since I have been out of touch with excel for long
time I am having hard time how to format back in xxx-xx.

If C1 is =A1-B1, then:

int(C1)&"-"&text(mod(C1,1)*320,"000")


----- original message ----

"pakeez" wrote in message
...

As you may know that T-Bonds price format is xxx-xxx (e.g 110-16 which
is equivalent to 110 16/32 or 99-245 which is equivalent to 99
24.5/32)

Now I need to do some calaculaltions while trading Bonds and I want to
do in excel 03.

I was given a hint that I need to convert the above price format first
in decimal value and then format the result in xxx-xxx.

e.g 110-16 is in cell A1 then formula for converting to decimal would
be:
=Left(A1,3)+Right(A1,3)/320

Since I have been out of touch with excel for long time I am having
hard time how to format back in xxx-xxx.

So I am giving an example below to do calculations to do price
difference:

say cell A1 has value of 110-160
say cell B1 has value of 99-245

The answer is 10-235.

Now how can I get this calculations done in excel. Detail formulas
would be appreciated.

Thank YOu


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pakeez
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