[beth18]

Thank you sir for your prompt responses to questions asked. Wouldn’t have made it without your help. Many thanks.

[beth18]

Passed with 50% and so elated, I’ve officially completed my ACCA qualification, now an affiliate. The theories worked for me!

[beth18]

@citrus1986 said:
My advice would be to wait until you get your results, you never know, plus it will give you much needed rest.
In the event you do fail my advice would be to go practice every question in the BPP practice kit and to read the technical articles. I would aim to do 2 of the 45 min questions each day in the week and 6 on each of the weekend days. Thats 22 45 min questions per week which means you’ll need around 3 weeks to get through them all. As you will have around 6-7 weeks from results to exams I would repeat again for another 3 weeks and then spend the last 1-2 weeks doing 1.5 hour questions (1 per day in the week) 2 or 3 per day on the weekends (Do these under timed conditions). Aside from that during the whole period you should be watching John Moffats videos, he has around 60 on AMF and they cover everything you need and make it very clear. Watch these alongside the 6 weeks you spend doing the 45 min questions.
There is no such thing as reaching your limit its just a matter of practice.
This is just the approach I would take and everyone is different so do what works for you but hopefully you get some value from this.
PRACTICE PRACTICE PRACTICE!
Remember…
“Everything always seems difficult, until it isn’t”

This is really good advice, practice is important and more of it is very important as it helps you remember and be prepared for every question no matter how it is examined.

[beth18]

@skyisthelimit said:
Hell yes! Good luck for June sitting

Best wishes with your results. Hope you pass this sitting.

[beth18]

@mackawara said:
This is as far as I remember questions and mark allocations

Question 1
a Discuss factor affecting financing decisions (debt or equity) 8marks
bprepare a report which shows
bi calculate asset beta of new construction project 7 marks
bii calculate cost of equity, cost of debt and cost of capital 15 marks
biii explain and justify the methods used calculation of above estimates 6 marks
c show how APV would give better estimate than NPV 6 marks

Question 2
a recommend hedging strategy between collar futures and FRA 16 marks
b Discuss the director view that interest rates should not be hedged or be hedged using internal techniques such as smoothing 5 marks
c explain delta and gamma and how they can be used in delta hedging 4 marks

Question 3
Calculate minimum price that the target shareholders would take
estimate valuation in FCFE if 60% of the synergy benefits accrue to acquiring shareholders.
Estimate %% gain from acquisition 10 marks

Discuss suitability of targets Lagrid and Popham 5 marks
In a due diligence review of acquisition target what would be the main concerns of the BOD of acquiring firm 4 marks

Thanks for this, wishing you the best with your results hope the markers are more lenient and give you all passes!

[beth18]

@beth18 said:
Was it tougher than the Dec exam?

Thanks hey, best wishes, hope you get good results!

[beth18]

Was it tougher than the Dec exam?

[beth18]

@tural199227 said:
Risk adjusted WACC, FRA, futures, options – interest rate risk, APV, benefits of acquisition, what to consider when getting debt finance, pre-bit & post-bid strategies against takeover, etc.

Many thanks, seems like a time pressured exam from what you guys are saying.

[beth18]

Hello guys,

Can anyone tell me which topics were asked in this sitting as I am planning to sit this exam in June.

Many thanks.

[beth18]

Thank you sir, I will watch your videos on foreign exchange risk.

[beth18]

Thank you sir

[beth18]

Thank you for your prompt response much appreciated.

[beth18]

Thank you sir.

[Author]

Posts