Becker BEC 3 Pg 76 Question

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    Topic
  • #161172
    nickc1028
    Member

    Becker Question –

    Hey guys I realize there is a released correction for page 75 but I have a question about the example of Baker on the top/middle of pg 76 the PEG Ratio

    Po = [Po/Eo/G] * E1 * G

    We are trying to find the projected price. We are given Po = 50$, Eo = 5$ and G = 4%

    Isn’t the price we are trying to find P1? We already know Po, and that is today’s price. Wouldn’t projected price be P1 then? Thanks any help in clarifying this!

    CPA
    AUD - 7/26/11 - pass
    BEC - 8/31/11 - pass
    FAR - 10/14/11 - pass
    REG - 11/26/11 - pass
    CMA
    2/27/15 - pass
    5/9/15 - pass

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  • #291907
    IwannaBaCPA
    Participant

    Did you update your book for errors/changes? I think this may have been one of those errors, but I just can't remember…and BEC was erased from my memory to make room for REG.

    BEC: 79 - April 2011
    FAR: 78 - May 2011
    AUD: 81 - May 2012
    REG: 79 - October 2012
    Ethics: Passed - March 2013
    I am finally DONE!

    #291908
    Anonymous
    Inactive

    Weird…I didn't have this question for B3 in Becker.

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