re: Stupid Question reveals crashy is a gearloose? Let div = d cents per share
Then Imp cred = 0.3 * d
Therefore total div, including imp cred = d + 0.3 * d
= 1.3 * d (by algebra)
So yield incl. IC = 1.3 * yield
Same as U had gyro because
y + 0.3 * y = 1.3 * y
ie one step ans is 1.3 times yield
PS algebra invented by the Arabic scholar al-Khwarizmi in 820AD?
Cheers??
PPS AD = Anno Domini = Year of the (Christian) Lord???
