[dleka]

Thank you very much Sir John Moffat, Only with your lecture and revision kit. I passed in PM and FM in first attempt with 57% PM and 57% FM.

Only with your lecture!

[dleka]

NPV question 31 section C, was maybe easy.
Result of NPV was positive.

Because in operation profit add back depreciation but corporate tax applied in inflate profit non in inflate cash flow! I think this was tricky when some of you have result of negative NPV.

Maybe my method is wrong but i think corporate tax applied in operate profit non in CF.

In general exam was difficult, because not cover important areas but have an high portion from risk management with interest foreword contract and this is very difficult when you wait business valuation or exchange rate risk!

Thank you very much OpenTuition your tuition was very valuable for me in PM and FM!

[Author]

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