Forums › ACCA Forums › ACCA FM Financial Management Forums › ACCA FM exam was – September 2021 Exam – Instant Poll and comments
- This topic has 59 replies, 26 voices, and was last updated 3 years ago by sugi1985.
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- September 10, 2021 at 9:17 pm #635436
Can you ask these questions from sir john.so everybody at least has an idea how many of them are correct.
September 10, 2021 at 9:23 pm #6354403v6…man wat was that, section A and B was intense
September 10, 2021 at 10:02 pm #635443It was more than nominal value
September 10, 2021 at 10:48 pm #635449it was nice, my 2 questions in section C were NBV calculation which was straightforward although i forgot to draw my conclusion 🙂 it has had 12 degrees as far as i remember and second question in section c was undercapitalization case with its related ratios. both were good thank god
September 11, 2021 at 6:54 am #635472I had the same paper as you I think. I added back the amortization and depriciation that had been subtracted. The capital allowance confused me so i just charged a full years depriciation as tax saving. I have no idea if thats wrong or right. My NPV was positive.
September 11, 2021 at 7:25 am #635476Did you find any discount factor to arrive at the market value of convertibles? There were no discount rate provided. The value of loan notes were given so i calculated the irr of the loan notes and used that rate to arrive at market value of convertibles
September 11, 2021 at 7:49 am #635481sajid3295917 wrote:Did you find any discount factor to arrive at the market value of convertibles? There were no discount rate provided. The value of loan notes were given so i calculated the irr of the loan notes and used that rate to arrive at market value of convertibles
If you mean the WACC question that had shares, preference shares, and convertible notes? Then yes I used the IRR and got around 6.4-6.5%
As far as I remember, the conversion rate exceeded the par value
September 11, 2021 at 1:51 pm #635519I had the same MCQ questions- think a lot of them were brinking on ambiguous.
September 12, 2021 at 9:54 pm #635609i got these questions as well. Not totally bad at all.
September 25, 2021 at 4:46 pm #636491Has anyone encountered a NPV question like that one that appeared in the Sept exam..it was a super weird question. I have not seen anything like it .
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