C03-Exam-Test
Monday, 13 April 2015
Cima C03 Exam Question No 2
Question No 2:
The following formula is used in the financial analysis of dividends:
R= (V/P)+G
When the formula is rearranged, with P in terms of the other variables, P is equal to
A.
(R/V)-G
B.
(R-G)/V
C.
(V/R)-G
D.
V/R-G
Answer: D
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