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Yes the question asked for the WACC before and after the proposal. Now, in answering the question, we used the new capital employed in calculating the new asset beta, but in the solution, the old capital structure was used (that being the 50/50), which brings back my original question of why.
thanks numera
no. i am still to pay mine, but got my results.
Thank you uncle Mike! I now have an idea of the approach to take.
If you look at past exam papers, they are the same.
Yes I am registered for June as well. Drop me a whatsapp on +27732535774
Hi Ndlovu. Did you write in June?
