20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

sembilan 06/11 bpp Q62

This topic has 4 replies, 2 voices, and was last updated 10 years ago by John Moffat.

Viewing 5 posts - 1 through 5 (of 5 total)

Author
Posts
May 24, 2015 at 10:19 pm #248692
aishaasad
Member
- Topics: 159
- Replies: 185
Hi
regarding part b how is the borrow at yield plus 60 basis point is calculated as $11.52m for interest rate 3% and $17.92 m for interest rate 5%
Thank you
May 25, 2015 at 7:28 am #248747
John Moffat
Keymaster
- Topics: 57
- Replies: 54696
Sorry, but there is no question called Sembilan in the June 2011 exam – please check again the date of the exam. (I don’t have the BPP book)
May 25, 2015 at 1:27 pm #248813
aishaasad
Member
- Topics: 159
- Replies: 185
Hi i am sorry it is june 2012 Q3
May 26, 2015 at 1:32 pm #249167
aishaasad
Member
- Topics: 159
- Replies: 185
Hi
it is is in june 2012 Q3 hope u have found this question
May 26, 2015 at 4:04 pm #249231
John Moffat
Keymaster
- Topics: 57
- Replies: 54696
The debt is 320M (second line of the question).
If yield is 3%, then with 60 (0.6%) added on gives 3.6%.
So the interest is 3.6% x $320M = $11.52M.
(Similarly, 5.6% x $320M = $17.92M)
Author
Posts

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic.