ABC Ltd. issued 5,000, 12% debentures of `100 each at a premium of 10% on April 1,
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● ABC Ltd. issued 5,000, 12% debentures of `100 each at a premium of 10% on April 1, 2016 to be matured on April 1, 2021. The debentures will be redeemed on maturity. Compute the cost of debentures assuming 35% as tax rate.
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Related Book For
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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