Hi tutor,
Are we expected to know how to calculate the value at maturity for money market instruments such as CD and commercial paper? Are we then expected to explain in detail of what the different money market instruments are? If an organization were to seek debt finance, could I recommend short term debt finance such as commercial paper or treasury bills and get credit for it?
Asking this because the study guide by ACCA is really brief about this chapter. Hope to hear from you, thanks :)
9y ago#1No - you are not expected to calculate the value at maturity.
You do not get asked much about money market instruments which is why the study guide is brief :-)
Treasury bills are not a way for a company to raise finance (they are a way for the government to raise finance).
Our lecture notes and the free lectures that go with them cover everything needed to be able to pass the exam well.
Alright, thank you!
9y ago#3You are welcome :-)
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