20th November 2006, 06:54 PM
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Member
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Join Date: Feb 2005
Posts: 156
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Quote:
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Originally Posted by ubetido
Hi the formula is as follows:
X[(XY-1)(Z+1)
X+1
3[(3*4)-1(9+1)]
3+1
3*11*10
4
So to your dividends
2.5 2.7 12 expected dividend $53
Cheers
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Hi ubetido,
Thanks for contributing to my request, but unfortunately I couldn't fathom your formula. When I did it on a spread sheet as I interpreted it I got an answer vastly different to the example you've given. Perhaps, if you have time you could walk me through it... The test dividends are A=2.5, B=2.7 & C=12 (dollars of course)
Thanks
Oz Punter |