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The number of fractional digits is out of range

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We are using kendoNumericTextBox with format "#,#.##########" , when ever the value entered is huge say 123456789123456789123456789, we are observing javascript error 'The number of fractional digits is out of range'.

 Example : http://dojo.telerik.com/ideMA/2

Can any one help us understand the cause of this error?​​

In our case there is no requirement to restrict the length of the text box.

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