Reading 35: small typo on the 'Drawdown' formula

CFA Level III Portfolio Management
#1

book 6, reading 35, about drawdown:

Maximum DD(m,t) = min([V(m,t) – V(m,t*)/V(m,t*)], 0)

I think it should be Maximum DD(m,t) = min([( V(m,t) – V(m,t*)) /V(m,t*)], 0)

ie in the example, for May 2011: DD = min ([(7.83%-9.06%)/9.06%],0)