@djmoore98 Sounds similar to the numbers I got… how did you calculate the perpetuity value? I divided the 25m by the cost of capital (12%). Also did you multiply the fcf value x 8 to get the market value?
Can anyone remember the mark breakdown on the hedging question? The swap v futures adv/disadvantages etc
I felt the same….what appeared to be a very doable paper turned out to be quite the opposite. The question requirements seemed ok but a different story when I actually read the scenario. Feeling very pessimistic about my result ?
Q1 was ok…. Q2 was bad and Q3 was a disaster
I attempted each question and each requirement aside from Q3 part B… am I right to be pessimistic?