BPP qs 30 levante.Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BPP qs 30 levante.This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts August 8, 2020 at 8:25 am #579611 sidishahMemberTopics: 34Replies: 74☆☆Sir for part bii we have to find a coupon rate when the price of bond = $100 right?I didn’t use any IRR or trial and error method.I simply did this:100(bond price)= (C*1.0385^-1)+(C*1.0446^-2)…….and so on.C is the coupon rate that will result in the bond price 100.Is this correct?I have seen questions using this approach as well. August 8, 2020 at 3:31 pm #579651 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆Yes it is correct.Levante is not in the current edition of the BPP Revision Kit, but I do have the original exam question and answer.The examiner shows both approaches in his answer and either approach gets full marks 🙂 August 8, 2020 at 5:09 pm #579662 sidishahMemberTopics: 34Replies: 74☆☆Thankyou so much. August 9, 2020 at 10:34 am #579701 John MoffatKeymasterTopics: 57Replies: 54628☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘BPP qs 30 levante.’ is closed to new replies.