I have a doubt with part (D) of the question. ( Share option scheme )
Can I know why the share price was reduced by the PV of expected dividend ?
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Blipton International ( Dec 08 )
6y ago#1I have the original exam question in front of me, and there is no part (d) and there is no mention of any share option scheme.
I can only assume that you have found the question in book and that they have added an extra part themselves.
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