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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › spreadsheet functions
If we are asked to calculate the after tax cost of debt, will we lose marks if we simply use the IRR spreadsheet function, rather than taking 2 guesses etc..?? it’s much quicker to use the function but don’t want to lose marks! the examiners reports do suggest that we use functions where possible, but would like reassurance on the matter.
Thanks
Michelle
No, you will not lose marks (assuming that you use the formula on the correct figures 🙂 )
Thanks John! It saves me time especially in WACC questions 🙂
You are welcome 🙂