MLIMA CO (JUNE 13)

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

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May 31, 2023 at 6:42 pm #685662
simranxdeep
Participant
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1) The Bahari project if of 15yrs. Will I loose out on professional marks if I stretch my calculation table to yr 15 instead of using Annuity Factor?
2) Could you please explain how did the examiner calculate the price per share and the evaluation of whether the bond holders would be happy would the equity for debt swap?
June 1, 2023 at 8:04 am #685780
John Moffat
Keymaster
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1. No, that will not lose marks.
2. Without the Bahari project he calculated the value of the company at $564.3m (as in appendix 2) and divided by the 100m shares.
With the Bahari project he did the same thing but add on the value of the project.
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