AVT 12/01Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › AVT 12/01This topic has 2 replies, 2 voices, and was last updated 9 years ago by John Moffat.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts May 30, 2015 at 10:39 am #250495 BrianHMemberTopics: 44Replies: 40☆☆Hi sirWhy is Pa adjusted for the div? I would have thought that because he share price is ex div that the div just paid can be ignored?Thanks May 30, 2015 at 10:42 am #250496 BrianHMemberTopics: 44Replies: 40☆☆Actually I think i understand, is it because the managers don’t actually own the shares yet so they will only benefit from the capital gains in the share price during the vesting period, not the div income, so we remove the div from the Pa?? May 30, 2015 at 2:18 pm #250547 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆That is correct 🙂AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In