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Generally the exam was not that difficult but i kept on making some stupid mistakes especially for foreign NPV calculation i definitely got a zero because of incorrect rounding. I thought i was rounding the figures to millions whilst i was rounding them further to billions and ended up mixing millions and billions (revenue and costs in billions) , (investments , WK, TAD, RV in millions) and there was no tax at the end of the day because the TAD was so substantial compared to the contribution.
For book value of bonds i could have multiplied 0.45m bonds by $100 to get $45m but i took 0.45m as it was when calculating Vd. I realized it after i was almost done and time could not allow me to start all over again so i began to cancel and correcting every affected figure such that my whole answer was no longer presentable. I doubt if i am going to get the professional marks.
Also i found it quite difficult to discuss the results for the 10 mark question as they did not make any logical sense from what i had studied which means my calculations were also wrong.
