[catherine999]

really nice.

[catherine999]

Thanks Mike, u r so helpful

[catherine999]

<cite> @Abdulla said:</cite>
I have attempted 4 times in my P5 paper and failed, since this is my last paper i want complete this ASAP, so is it recommended to change to P7 paper

I haveattempt p5 for 3 times and failed! This time I change to p7 cause …..I am not a CFO……I do not know how to apply the knowledge I learntfrom p5…..and there is always a thinking difference exists……I do not think I am odd!

p7 is more useful for me.

good luck.

[catherine999]

Please send me P5 Kaplan and or Bpp mock to dxyacca@gmail.com. i will very much appreciate it.

[catherine999]

passed F9 …65

[catherine999]

70^_^PASSED

[catherine999]

i’ve finally passed this paper with 73%?only what i want to say is :
thanks to admin,thanks to the F7 forum,thanks to ACCA markers, thanks to examiner ……i passed!

[catherine999]

hey there,

there are some techniques when i decide which rate to choose:
1.first you need to think you caculate IRR for doing what, to caculate the cost of loan,or convertible loan notes, theres always some hints in the question,e.g the loan note will redeem in 10 yrs at 10%,then the first DF you may choose is 10%

2.dont choose for next DF before you caculate the NPV at 10%,
after the caculation, if the NPV is positive, then next DF should be more than 10%, usually we use 15%,if the NPV IS negative, then choose less than10%,usually 5%.

3.there’s never a absolute fix rate you can choose in all the senario, try, and you should allow some margin of error. but the more close the rate you choose, then the less error.

hope i can help you~
i wii also take the F9 exam in DEC~

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