Hello, While calculating the Div growth via gordon model, I used the b = 41.39% and r= 15.03% So my val for GWW came to 229.421 million but answer is 224 million Kindly explain TIA Regards
I am astonished that you need to ask why your answer is different, because it should be clear by looking at the examiners answer that his is different because he has rounded b to 41% and rounded r to 15%.
For that reason your answer is actually more accurate and would therefore still get the full marks.