sembilan 06/11 bpp Q62

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May 24, 2015 at 10:19 pm #248692
aishaasad
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Hi
regarding part b how is the borrow at yield plus 60 basis point is calculated as $11.52m for interest rate 3% and $17.92 m for interest rate 5%
Thank you
May 25, 2015 at 7:28 am #248747
John Moffat
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Sorry, but there is no question called Sembilan in the June 2011 exam – please check again the date of the exam. (I don’t have the BPP book)
May 25, 2015 at 1:27 pm #248813
aishaasad
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Hi i am sorry it is june 2012 Q3
May 26, 2015 at 1:32 pm #249167
aishaasad
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Hi
it is is in june 2012 Q3 hope u have found this question
May 26, 2015 at 4:04 pm #249231
John Moffat
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The debt is 320M (second line of the question).
If yield is 3%, then with 60 (0.6%) added on gives 3.6%.
So the interest is 3.6% x $320M = $11.52M.
(Similarly, 5.6% x $320M = $17.92M)
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