- This topic has 3 replies, 2 voices, and was last updated 4 years ago by .
Viewing 4 posts - 1 through 4 (of 4 total)
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for June 2024 exams, Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Washi Co
Hello Sir, for PYQ Sept 2018 Q1 Washi Co,
Why the initial investment in year 0 that start in 1 year time do not discounted at present value which is time 0 (now)? (DCF@12%) (0.893)
Thank you.
The examiners wording is a bit confusing.
If you did have the initial investment at time 1 (and therefore all the other flows 1 year later than in the answer), then you would still get the marks.
What if I follow the examiner format which write the project year rather than time 1,but still discount the initial investment back to present value, will consider no mark?
Thank you.
That would still get you full marks 🙂