Stupid Question

Stupid Question

From those that that may wish to impart their superior intelligence.

If a company has a yield of say 5% 100% franked and you wish to add back the franking to achieve the real rate of return would you have a calculation such as this?
I am using excel.
=X%*(30/100) to achieve a % increase and then add this to the franked yield %?
Is there better math’s to achieve this in one step.
Am I wrong and can you help?

Gyro