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It said that to pick one / recommend one IF any should be taken as a new investment so really could’ve said no to both because it was forecast for within 10 years and those margins weren’t good and the shareholders or whoever wanted specific margins anticipated for 5 year mark at 45% or something so within 10 years those projects had ones still low for the target.
overall okay paper hopefully pass! but its hard as you never know if you’ll get marks for what you actually wrote.
all i saw in that exam was debt and loan notes and more loan notes!
revised so much only for a handful of topics to come up???
part c was better but A and B was personally tricky for me plus i ran out of time!!
WACC for one multiple choice q and also for part C and NPV q for part C (got +ve NPV)
IRR question too written