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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › F9 Sept 2017
The question said $2m out of the $15m long term loan note is bank loan. It also said the bank loan “has a variable interest rate”. How should I have calculated the cost of this bank loan for the WACC?
The $15m loan note coupon rate is 7% and the market value was $102.7. Tax is 30%
I think those were the figures.. Can’t really remember vividly
I am not going to answer questions on the exam until I have seen it, and the ACCA has not published it yet.
Forget it anyway – it is over now, and nothing I can say will make any difference.