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Forums › ACCA Forums › ACCA FM Financial Management Forums › F9-OT Mock
In Q1 Why in the answer we’ve calculated repayment at 10% premium i guess it is a mistake, can anyone else confirm it?
Yes – it is a mistake. I will have it corrected.
Okay, Thanks for the quick response. And we treated the bond as redeemable because it said its maturity date is in 10 years, right?
Yes. It is certainly redeemable, but unless you are specifically told that it is redeemed at a premium then you would always assume that it is redeemed at par.