There are 7 years, 100 face value debentures having 15% coupon rate available in the market at

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There are 7 years, ₹100 face value debentures having 15% coupon rate available in the market at a price of ₹105 per debenture. These have a provision for redemption at par. If an investor expects 12% return on his/her investment then suggest him/her if he/she should buy it or not.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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