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Every question ICAN has set on the chapter, grouped by kind, with worked answers.
Signing in is free, and opens the June 2026 paper with full answers.
Every question ICAN has set on the chapter, grouped by kind, with worked answers.
Signing in is free, and opens the June 2026 paper with full answers.
Every question ICAN has set on this chapter, grouped by the kind of question, most-asked first. Dec 2021 – June 2026 (older sessions and RTP questions are being added).
Groups are ranked by how many of the last 10 sessions asked them, the same tiers as the study guide. How topics are ranked
Build year-by-year relevant cash flows for a new product, machine or replacement and compute NPV (or expected NPV), often with inflation, tax and working capital. Usually the paper's first question, worth up to 20 marks. Revision pack →
Discussion parts on appraisal: errors in a draft appraisal, limitations, multiple IRR, non-financial factors and capital rationing.
Follow-on part to the NPV question: the minimum price or the change in a variable at which NPV becomes zero.