[specimenk]

I got the same, i messed up in the 50m last part
Did we have to recalc NPV with 11% sales?

For the first part Npv i got a positive 8m

[specimenk]

Yes it was since revenue was shooting up but profits weren’t and they had increased overdrafts.

[specimenk]

Yes it was since revenue was shooting up but profits weren’t and they had increased overdrafts.

[specimenk]

Afternoon paper was way too difficult

Sec was simple NPV, Sensitivity and other one was Ratios for working capital and discussion on overtrading plus theory.

Section B was the most annoying – Bond valuation, Fx rates and I don’t recall the other one

Section A was tough as well, weird graphs of NPV and 4-6 marks questions on Islamic finance, a bit to govt policy and cost of equity calc

Does anyone remember the other section B question that I don’t recall?

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