The specific problem is that I’m not clear on how they derived at the answer to the ex-share price given the dividend growth model as i do not seem to be getting to the correct answer.
Of course, i am well aware that study is required before attempting question practice and i have watched all the lectures provided on OT, given this will be my 9th ACCA exam i will be taking. Yes i am attempting both questions from the bpp p&r kit and the ACCA CBE specimen questions as this will be my first attempt at a CBE style exam and need to get a feel of the style of how the questions and answers should be structured.