[jackietk]

I was working on the AFM Past And Practice Exams on ACCA platform – Robson Co AFM March/June 2021 (20/21 syllabus). They financed the investment with 2 other loans, but it was only using the cost of the equity to discount the cashflow. Why it’s not using the WACC as it was funded by debt too?

2 other loans in the question:
Subsidised loan, 3·5% annual interest rate
Bank loan, 9% annual interest rate

[jackietk]

Yes, I did went through all the lectures and they are very helpful. I had no issue when I was trying out the examples, but when I practice the exam questions then I often got confused.
Is there a rules or phrase that I can memorize so I know which one should I use?

[jackietk]

Since I just finished the FM, should I go for AFM first as they are related?

[jackietk]

78% first attempt.
Just go through the lectures and note first, then do the exam kit from BPP or KL and make sure u know most of the answer.

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