The practice exam went pretty well. T1: 90% T2: 86% T3: 93%. The score summary showed me missing some points on various sections of the simulations, especially the second sim, but when going through them, I actually only missed 2 parts of the first sim and everything else was green, so not sure what happened there. I'll be doing the second practice exam tomorrow. I was thinking of doing it today but don't really have the motivation. For the rest of today I'll probably do some more MCQs and rework some of the sims. I haven't looked at any of the practice sims since I did them the first time through, so a little refresher on those couldn't hurt. Tomorrow, I'll do the other exam and maybe some more MCQs on my weakest areas and then call it a night/complete wrap on my studying before my test at noon on Thursday. What's your plan?
As for your troubled debt restructuring question, I don't really have a good answer and am not an expert on this topic since it's barely covered in Becker, but on page F10-27 (if you have the Becker book) under modification of terms, it says that the present value of a loan (calculated by the creditor) should be discounted at the loan's historical effective interest rate. Not sure why or if that helps, but thought I'd throw it out there.
.