Is the formula:
If the formula in (D1/P0 - Change S ) + (i+g) + Change PE
and change in S is a negative % then why would they still solve it this way:
D1/P = 4
Change in S = -0.5
Answer : 3.5 … wtf? should it be 4.5 since its - and ( - ) x ( - ) = + ?
Sample 2009 Question 5 part A.
Can anyone explain please?