标题: Schweser book 1 3 pm q78 adjusted dividend [打印本页]

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作者: bcp901    时间: 2011-7-13 13:10     标题: Schweser book 1 3 pm q78 adjusted dividend

this one is really simple:

in the calculation of adjusted dividend the tax credit of .06 cents/share is not included. can someone please clarity why this is not done.

they use: adjusted dividend= #shs * dividend in euros * exchange rate * tax rate

why not: #shs * dividend in euros * exchange rate * tax rate + tax credit

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