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CBE test of f9

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CBE test of f9

I want to thank guys who responded to me on the question before, however, I still cannot figure it out answers you gave me before. For convertible loans, even if we can get higher conversion value on the seventh year, we can get one more year interest if we choose to redeem the loans on the eighth year. So the traditional method I think maybe is not suitable here. And do someone remember the final WACC you get? Mine is 11%, bit someone said the number was inconsistent with his.

March 14th 2018 AN ACCA USER 290 Points

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