[ai123]

I also found sections A and B hard, I had so many flagged which isn’t usually the case on those sections. For section C I had a 10 mark on WACC and 10 mark on dividend policy (what did people put for this question?) Other section C was 6 marks on NPV (really not sure but I think I got around 100k for this), 6 marks on capital rationing. I did the PI for each and I think I put that about 13% of the lowest ranked project could be used. Then 8 marks on four techniques re risk and uncertainty and I wrote about sensitivity analysis, increasing the discount rate, risk reduced payback period and simulation.

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