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Hello I'm having some issues with the formula below

Question asked by Ndodingam on May 25, 2017
Latest reply on May 25, 2017 by afink

(IF BadVal('10YA2447') = 1 then '10YA2447.TOT' else (if '10YA2447'="RUN" THEN '10YA2447.TOT'+('chdIPES.FREQ'/60) ELSE '10YA2447.TOT')).

It generates the following error:

Error -2147219650: PI PE syntax error in Expression. [-12301] Performance Equation parsing error