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March 8, 2021 at 9:03 am #613919
nicko09
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Many thanks John.

This was from the FM exam i sat this past Friday (5th March 2021)
March 5, 2021 at 5:25 pm #613570
nicko09
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It’s just that because it said WACC 13 percent so when the WACC was calculated the 6% would have been factored in. That was my conclusion anyway
March 5, 2021 at 5:19 pm #613566
nicko09
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Investment appraisal section c question – was it correct to use the WACC at 13% to discount?
March 5, 2021 at 5:15 pm #613565
nicko09
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I must of missed the PV requirement in the question, thanks for confirming.
March 5, 2021 at 5:04 pm #613559
nicko09
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Section b was my worst section.

Did anybody get the section c 5 mark additional working capital question (1,000,000 extra)? I wasn’t sure whether to discount as it did not mention.
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