[gavinhenson10]

You couldn’t use the 8% as interest rate as that’s the coupon rate and not the effective interest rate.

Really tough question to know where to start, I worked out kd and a value of a right but the value of a right gave me a negative!

[gavinhenson10]

How did people answer the impossible section C question about choosing equity or loan to finance the $15m investment?

[gavinhenson10]

Part a was very difficult- think I’ve let myself down with my answers to this part.

What did people write for the substantive analytical procedures in respect to the increase in revenue of $3.2m from 20×5?

[Author]

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