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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Example 2 (iii) financial asset
Hello, i would like you to guide me on the financial asset question.
In example 2 (iii), the question stated that the effective rate of interest on the debenture is 5.71%, but the answer stated the rate is 5.36%.
I think it would be related to the premium on 5%.
Could you please explain how to obtain 5.36%?
Thanks! =)
Hi,
Good spot, I think the answer must be incorrect as it should be 5.71%.
Thanks
Thank you for the reply. =)
Thank you for spotting the error!
Hi where could I find the solution to example 2, is it in the notes?