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<cite>@ospan said:</cite>
what about question No 2?What about it??
I found the paper actually ok, I think they certainly could of made it much much harder.
To be honest, I did the NPV question on 9,000 units each time, not incremental. It didn’t even cross my mind! but re-reading I am confident I did the right thing. a very similar past paper question for this question which thank god I did 🙂
Seems a lot of problems on Q3, but that was the only question I did confidently for all parts! Think I did ok on calculation in Q4 but not so much on written parts.
Great for a bit of WACC, pretty happy included all loans/pref shares etc but bit wobbly on a full answer for the CAPM bit in Q2. Calculate it? fine! write about it? oh!
Will be disappointed if I pass that. but good luck to all 🙂
Paper was well balanced, found enough to talk about in Q1, Q2 and Q4.
The press release I wrote very much like any press releases I have heard, trying to be very persuasive and apologetic…was this how others approached it?
arguing against the bribe from a consequentialist approach I discussed the fact the company had to almost live with being unethical, and the potential of external parties finding out. I also got Kant in there somewhere, who says it is unethical when our duties are identified and then not fulfilled. A company’s duty does not included accepting bribes in the first place, so I said it is therefore unethical or something like that.
Hopefully a pass, they didn’t ask me anything I didn’t understand put it that way. 🙂
Best of luck to all!!