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High K (sep/dec 17) Q 5 in BPP

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › High K (sep/dec 17) Q 5 in BPP

  • This topic has 5 replies, 2 voices, and was last updated 3 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • August 5, 2021 at 6:40 pm #630513
    rialakhani
    Member
    • Topics: 20
    • Replies: 50
    • ☆☆

    Sir, for TSR i have always done sum of dividends+(closing share price-opening share price) divided by opening share price, however over here its divided by the current share price, shouldnt it be last year’s closing share price?

    August 6, 2021 at 9:33 am #630552
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54656
    • ☆☆☆☆☆

    Yes, and the answer is inconsistent.

    The Share price gain/loss % has been calculated on the opening share price correctly. The dividend yield should also have been calculated on the opening share price (but the answer has used the closing share price).

    August 6, 2021 at 10:06 am #630560
    rialakhani
    Member
    • Topics: 20
    • Replies: 50
    • ☆☆

    so if i do (0.1875-0.35)/3.89 it will be fine?

    August 6, 2021 at 10:15 am #630564
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54656
    • ☆☆☆☆☆

    Yes, that would be fine 🙂

    August 6, 2021 at 10:50 am #630573
    rialakhani
    Member
    • Topics: 20
    • Replies: 50
    • ☆☆

    Thank you!

    August 6, 2021 at 10:52 am #630576
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54656
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘High K (sep/dec 17) Q 5 in BPP’ is closed to new replies.

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