[manishatai]

Got it, thanks so much this is a really helpful example!

[manishatai]

Thank you! Super helpful and a very quick response 🙂

[manishatai]

I thought it might be too early to start now!

[manishatai]

I’m not too sure, let me see if I can dig out the question and re look at it. If I have any more questions on this I will respond on this thread. Thank you

[manishatai]

Ok understood, so the hierarchy is the best method, highest and best use is only for non financial assets and then when would you use principal market/ most advantageous?

Sorry – for so many questions.

[manishatai]

Hmm ok understood but how do you know whether to use the fair value hierarchy, the principal/most advantageous market or the highest and best use?

I have done a question on investment properties and i said to use the highest and best use for the fair value amount, but in the answer they have said about the fair value hierarchy, which i thought was only to value shares.

Thanks

[manishatai]

Thanks!*

[manishatai]

That’s, that’s probably my opening sentence I was going to use and then apply the relevant scenario etc. Just wanted to check that sentence was OK to use as an outline in every exam question!

[manishatai]

Thank you 🙂

[manishatai]

And use the pre tax discount rate ? Thanks

[manishatai]

Hello. I have put under priced in my question.. I will look at your lectures again 🙂

[manishatai]

Perfect exactly what I am after! Thanks so much

[manishatai]

Thank you, I am sitting the exam on Friday and will focus more on the other big parts of the syllabus!

[manishatai]

Yes but perhaps I need to rewatch it! Thank you 🙂

[manishatai]

Thanks john I have reworked the question and it is ok. I calculated the cost of the redeemable bonds using IRR. Do we don’t need this do this because we are given the before tax cost of debt which we can adjust for tax which doing an IRR would be the same answer?

[manishatai]

Hi John it says 2011, so hopefully you are able to find it. If not please let me know I can try and type it out. 🙂

[manishatai]

Ok thank you, I will re read the notes on this section.

[manishatai]

Thank you. I am using your lectures and notes, and ACCA pocket notes, text and revision kit.

[manishatai]

So sorry John!

[manishatai]

You won’t be asked to draw a decision tree in the exam. We may be asked to annote graphs or get information from the graphs.

[manishatai]

Thank you!

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