Dear Friends,
Could you please help me in solving the query posted below :
Reference :
Pg 24 - may 12 rtp - Qn 19 - Economic Value Added
Could any one please explain how 3717.90 (Loan Funds) was arrived at in the calculation of Cost of Debt ?
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Rtp may 12 fin repo eva doubt
Replies (4)
Hi Anil,
even i noticed a fault in solution,
Correct fig of loan funds=8100, & Cost of debt comes out= 4.54% (approx.)
Waiting fr other members view....
Yes Mayank & Anil, Cost of debt comes out to be 4.54% and its contribution in WACC amouts to 0.454, correct amout of loan funds is Rs. 8,100 lakhs, I guess there is some sort of error in the physical copies of RTP But, i have recently checked the May, 12 RTP as made available on ICAI's BOS portal and the solution in that RTP is absolutely correct, amout of funds is given as Rs. 8,100 there in...
You may also check it out -
https://220.227.161.86/25774rtpfinanewmay2012_1.pdf
The solution is given on page 67
Best of luck for your preparation :)
I agree... Its a mistake... Cant call it a typing error tho... coz the entire figure has come from space.. but the best part is that the institute rectified it... :)
Must say that our institute is proving of great help... They rectified the mistake so fast and the new modules and practice manuals are awesome... and also the model test series the conducted are so useful... Thank you ICAI... <3
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