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1. Cost of Irredeemable Debentures Borrower Ltd. issued 10,000, 10% Debentures of Rs. 100 each on 1st April. The cost of issue was Rs.
1. Cost of Irredeemable Debentures Borrower Ltd. issued 10,000, 10% Debentures of Rs. 100 each on 1st April. The cost of issue was Rs. 25,000. The Company's tax rate is 35%. Determine the cost of debentures if they were issued (a) at par (b) at a premium of 10% and (c) at a discount of 10%
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