(ii) A proposal which will increase the after tax proceeds from the sale of the Snapper plc loan stock and a
reasoned recommendation of a more appropriate form. of external finance. (3 marks)
正确答案：(ii) Proposal to increase the after tax proceeds from the sale of the loan stockAS should delay the sale of the loan stock until after 5 April 2008. The gain made at the time of the takeover wouldthen crystallise in 2008/09 and would be covered by the ann
