[freeminder]

Passed at 55. Feeling happy now 🙂

[freeminder]

Agree with Murat, didn’t used gearing/ungearing betas in Q1 as well. I think it was needed there, but probably i am mistaken.

About Q4 I have read some similar questions in BPP Kit, and logic was as follows.
Co will go for development costs (7+7) if value of real option is higher that this development costs. So it was needed to reconcile 7+7 discounted with value of options of future cash flows in 2-6 years, where Pa was doscounted income and Pe was discounted costs. IMHO

[freeminder]

Btw, do somebody know when usually answers to the questions are publicated?

[freeminder]

tzxsean , you have a good memory )

[freeminder]

faced same problems with q1 that i have started to do 1st. Rally messed up, and had very bad mood with doing other questions….

[freeminder]

Yeeah, so i am not the only one banging my head against the wall )).
By the way, this is not the only mistake/inconsistence in answers…. spotted at least some 3 more in revision kit

[freeminder]

Sorry, do not have them scanned and have no possibility to scan /

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