- This topic has 3 replies, 2 voices, and was last updated 8 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Dear sir,
Sorry if you find this a silly question.
In the answer provided in the book, the share price used in the calculation of COE is 250 and not $2.50 (which is the price given in the question) . Why did 2.50 being multiplied by 100?
Thanks
Gabriella
You can either work throughout in $’s or you can work throughout in cents – the end result will be the same.
If you have watched my free lectures then you will have seen that I always work throughout in cents for this sort of question.
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.