Open tution notesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Open tution notesThis topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts November 16, 2019 at 10:50 am #552773 mashafMemberTopics: 5Replies: 4☆Respected sir in chapter 16 THE VALUATION OF AUDITIONS AND MERGERS” in example 3 we have not calculated tax relief for companies on debt? Beacuse WACC calculated on 7% not on 7(1-t) ? November 16, 2019 at 11:22 am #552780 John MoffatKeymasterTopics: 56Replies: 53798☆☆☆☆☆The question states that the cost of debt is 7% and is therefore assumed to be the cost to the company and therefore already after tax relief.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