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Q Casasophia (6/11)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Q Casasophia (6/11)

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by John Moffat.
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  • May 27, 2014 at 1:11 pm #171160
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    In part b)calculating the NPV ,the bpp kit has taken an investment of €21.84m.
    Where and how did this figure come from?

    May 27, 2014 at 8:10 pm #171263
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54716
    • ☆☆☆☆☆

    The question says that they require MS 2.64 billion at the start of the project which is in 6 months time.
    This has been converted into Euros at the expected spot rate in 6 months time and converts to Eur 21.84M

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