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By some miracle I passed with 50. Wasn’t expecting that at all and I have OT to thank. Lecturer is a legend. Thank you, thank you, thank you!!!!!!!
I’m an idiot, of course you have to calculate IRR. Like I said in the previous post, I’m so close but so far. I need to join some of my thinking up. One week to make it click……
Thanks guys.
Me too, not that that helps you at all! I’m getting there with the cost of debt, equity and WACC but haven’t even looked at hedging and risk and the early stuff is really hard, like working capital. Every time I do a question I never know how to start it but when I look at the answer it seems obvious.
I think if I get lucky with the questions I’ll be ok but it’s a big gamble. I work in the public sector so none of this is relevant to my job. I think that puts us at a disadvantage. Like you, I’ve put the time in so pretty disappointed things aren’t clearer by now.
Superstar! I had it up to the point of the PV of redemption where I plumped for £110 instead of £140. Totally get this now, thanks!
Did anyone pass just using open tuition? I tried it last year but got a dismal 24% but preparation was poor. I only used Open tuition and wonder if that is enough?
Seems my paper went pretty much like everyone else’s. The exam itself wasn’t so bad, I just needed another 3 hours to finish it. So much pressure!
Q1a I did ok on and the last question. It was downhill after that. Q3 was solid! Screwed up my WACC calculation on Q2, missed a load of parts out of other questions. Will be very very lucky to pass but I said that about tax and got 58…….fingers crossed.
I didn’t do any past papers before I sat the exam so I’m blaming it on lack of practice.
