From September 2024 exam session onwards, the ACCA AFM formula sheet has been amended to include a rearranged version of the Modigliani and Miller (M&M) proposition 2 formula.
PQ magazine is on the case, of course! On top of tips for the September exams in this issue, Andrew Mower runs through the changes and what they mean for AFM sitters. See page 28: https://issuu.com/pqpublishing/docs/pq_sept24_multi.
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