Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › *** December 2023 ACCA AFM exam – Instant Poll and comments ***
- This topic has 17 replies, 12 voices, and was last updated 11 months ago by ARDRA.NAIR.HARIDAS..
- AuthorPosts
- December 8, 2023 at 7:00 am #696299December 8, 2023 at 5:54 pm #696398
Mine set was bit tricky where I got risk mgmt, reconstruction, investment appraisal. What was a other set??
December 8, 2023 at 6:01 pm #696403Mine was equity evaluation of unbundled subsidiary (50 mark), currency hedging and investment appraisal.
December 8, 2023 at 6:04 pm #696406Same. Do you remember all the requirements?
December 8, 2023 at 6:05 pm #696407Mine was very tricky, first question on recostructuring, second on hedging and last one APV but run out of time for the last question. Q2 and Q3 were straightforward but had limited time. Q1 was tricky and is 50 marks so not sure I pass. It was a retake last AFM exam in sept was defo easier
December 8, 2023 at 6:31 pm #696415do yo remember requirement and theory question?
December 8, 2023 at 7:01 pm #696417Guys does anyone know if the morning session is better than the afternoon session? I would have preferred app question
December 8, 2023 at 10:44 pm #696431Q1 market value of equity of unbundled subsidiary using following methods
net asset method
pe ratio method
FCFF
dividend growth modelQ2 HEDGING
Forward and future contracts
market to market future
marginal callQ3 investment appraisal
NPV
APV
IRR
MIRR
duration
VARDecember 8, 2023 at 11:12 pm #696433So from memory the Q1 requirement calculate the new statement of financial position plus new share price after restructuring then write a report can’t remember much about report requirement I think impact on bond holders as well as assumption explaination for shareprice calculation. Q2 requirement was hedging one was a loan of 24m future and the other was a deposit of 16m with option then commenting on 3 queries made by manager A B and C on hedging. Q3 was APV with 2 different options
December 9, 2023 at 2:36 am #696443My set was
1. Selling the bus service
2. future and option hedge
3. APV
I could not finish the last question for time.December 9, 2023 at 8:01 am #696458So I’m now getting the familiar post-exam doubt about everything I wrote. I covered everything, but went totally blank for some requirements.
Q1 Unbundled mining company
Q2 currency hedge
Q3 Investment appraisal techniquesDecember 9, 2023 at 12:13 pm #696481APV you are saying was it international invt appraisal??
December 9, 2023 at 1:30 pm #696488in second question on APV refurbishment programme ,i got negative APV although gone through all steps got the issue costs of rights issue 3.5% and the Loan 0.5% and got gross then annual interest payments tp get tax saved on interest etc….add the already given base case NPV negative add it to APV I GOT negative !
any one could tell us what you got?
December 9, 2023 at 5:31 pm #696505i suggest in the instant polls on opentuition ,the vote to be made once per account to show more accurate analysis of exam experience
December 9, 2023 at 5:51 pm #696509I got :
Q1) Restructing (Factors considering gearing level & finance,Revised BS/share valuation/impacts on stakeholders/ethical consideration)
Q2) International investment appaisal (NPV & Other forms of remittances following restriction of dividend)
Q3) Forex hedging (FR,futures, mark to markets-purpose & implications of not topping up margin, role of treasury)December 9, 2023 at 7:20 pm #696517Exact same questions for me too…from @Nairobi
December 9, 2023 at 7:45 pm #696518Hey could you tell me how to answr these
December 10, 2023 at 9:07 am #696534could you tell me how to form the answers
- AuthorPosts
- The topic ‘*** December 2023 ACCA AFM exam – Instant Poll and comments ***’ is closed to new replies.