[Michael]

My last ACCA exam and by far the hardest I have done so far.

Question 1 being on corporate reconstruction threw me, I was so unsure about adjusting the coupon rate and the new value of the bonds…

Then the Macauley duration part?

I ended up doing questions 2 & 4 then coming back to 1 to avoid sitting in the exam panicking the whole way through.

[Author]

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