revision mockForums › ACCA Forums › ACCA FM Financial Management Forums › revision mockThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts December 9, 2015 at 3:01 am #289398 kebeoriMemberTopics: 5Replies: 0☆BI Co has in issue 8% irredeemable bonds quoted at 86% ex int. The rate of corporation tax is 25%; personal tax is to be ignored.What is the return to investors? December 9, 2015 at 8:42 am #289469 John MoffatKeymasterTopics: 57Replies: 54458☆☆☆☆☆You need to calculate the IRR of the flows. Tax is irrelevant because it is investors who determine the market value.I do suggest that you watch our free lectures – they are a complete course for Paper F9 and I cannot type them all out here 🙂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