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b) A debenture is denoted as a 5 years 14% ksh. 3000. The debenture is redeemable at par. If the cost of capital is 11%,

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b) A debenture is denoted as a 5 years 14% ksh. 3000. The debenture is redeemable at par. If the cost of capital is 11%, determine the value of this debenture. (5mks) b) One of the objectives of a firm are the financial goals. Why would a firm pursue other goals that are in conflict with the financial goals. (5mks)

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