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Implication of Ex-Interest & Interest Calculation

Forums › ACCA Forums › ACCA FM Financial Management Forums › Implication of Ex-Interest & Interest Calculation

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  • May 14, 2011 at 12:20 pm #46393
    vedavyas
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    This is a doubt from Q50 page 43, answer 50 page 187 of the BPP revision kit.

    What is the implication of the usage of the term Ex-Interest on the market value of the loan note, and how have they done the Interest calculation ?

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