Has anyone noticed that the answer for question #30 in sample # 3 was 6.35% in the pdf solution file but this same question reappears again in the mock and the answer this time is 8.35%. So which is it? Do we subtract the share repurchase yield or 1% or do we subtract it?
Share repurchase should be added. 8.35% is right.
you have to subtract -1%.