Interactive BPP books for September 2026 exams, recommended by OpenTuition.
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Hey,did I fail to read the question? Because it wanted the discounting factor assuming that the project is all equity financed, which meant that there was no debt hence we only had to use the Ba to calculate ke ungeared.my thought
We wrote the same exam,it was fair but time did beat me in the exam. Left the decentralization question and VAR question plus could not even finish writing the report. Part 1a question skipped it also due to insufficient time
The exam was fair but couldn’t even write the report,that makes me sad.
Qsn 1 NPV APV calculation of DF using the proxy CO’s Betas which required some ungearing and apportioning the Ba per department or business unit
Section b
IR hedging and business valuation
