[foxes]

Passed with 56%, last exam. I took a huge detour during my studies, had several long breaks in-between the exams, life happened. Finding the motivation and getting back was always hard. But I can now proudly say I did not give up. Congrats to everyone who passed and best of luck to those who are not giving up.

[foxes]

Mine was equity evaluation of unbundled subsidiary (50 mark), currency hedging and investment appraisal.

[foxes]

Q1 APV 50 mark question. Calculated negative NPV and APV. There was also a question on marketing director’s comment on business risk, difference between NPV and AVP, SWAP. Q2 ratios, I linked most of these to CEO’s statement. Q3 business valuation, gave me most trouble as I was running out of time.

[foxes]

Passed with 64%, first attempt. One more to go.

[foxes]

Passed with 51%, second attempt, remote CBE. Good luck to everyone who will have to take the exam again!

[Author]

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