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Kingtim Co (BPP mock exam 2)

This topic has 2 replies, 2 voices, and was last updated 1 year ago by John Moffat.

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March 8, 2023 at 10:47 am #680483
alextrieste
Participant
- Topics: 4
- Replies: 8
Hi – I am calculating the cost of debt using the IRR formula. If I use the normal formula per the formula sheet provided is ok. I was wondering if in order to speed up things at the exam it would be possible to use the new spreadsheet function IRR(X1:X5,rate).
I can’t make it work though, is it impossible to use in this case?
Thanks and regards,
A.
March 8, 2023 at 11:00 am #680486
alextrieste
Participant
- Topics: 4
- Replies: 8
actually the formula is not there but it doesn’t change the question. Can the Kd be calculated with the spreadsheet function apologies for the confusion
March 8, 2023 at 3:25 pm #680507
John Moffat
Keymaster
- Topics: 57
- Replies: 54500
You certainly can use the spreadsheet function (and should do because it obviously saves time).
The last chapter of our free lecture notes has links to the resources on the ACCA website that list all of the spreadsheet functions available.
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