PQR Ltd. issued 5,000, 12% debentures of `100 each on April 1, 2016 to be matured on
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● PQR Ltd. issued 5,000, 12% debentures of `100 each on April 1, 2016 to be matured on April 1, 2021. The market price of the debenture is `80. Compute the cost of existing debentures assuming 35% 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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