MM proposition IIForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › MM proposition IIThis topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 16, 2019 at 11:12 pm #552809 aamir2111ParticipantTopics: 123Replies: 85☆☆☆Dear Tutor,In MM proposition II (with Tax) fromula (which is given in the exam), Kd is pre-tax cost of debt. Is that same as ‘debt investor’s required rate of return’? November 17, 2019 at 10:32 am #552892 John MoffatKeymasterTopics: 57Replies: 54655☆☆☆☆☆Yes it is 🙂I do work through an example of how to use the formula in my free lectures.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In