First of all, thank you so much for your video lectures. They are simply outstanding.
I have a question in Impact of Financing & Cost of Capital. In accordance to your lectures about impact of financing, we must not use WACC to calculate the NPV after the changes in financing method, if the debt is redeemable. We will have to use APV method.
In accordance to BPP Revision Kit, they are calculating WACC to calculate the NPV after the changes in method of financing even though it is debt.