I dont understand why the cmm equation doesnt include the (1+g)*288 term in the numerator, to get Residual Income in t+1 ?? Contrast that with Q 4, where it’s been done. HALP GUISE.
anyone?
schweser or cfa?
I dont understand why the cmm equation doesnt include the (1+g)*288 term in the numerator, to get Residual Income in t+1 ?? Contrast that with Q 4, where it’s been done. HALP GUISE.
anyone?
schweser or cfa?