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PASSAGE Rama itd is expecting an annual earning before interest and tax of Rs 1200000. The company has Rs 1800000 in 10% debentures. The cost

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PASSAGE Rama itd is expecting an annual earning before interest and tax of Rs 1200000. The company has Rs 1800000 in 10% debentures. The cost of equity capital or capitalization rate is 15%. According to the net income theory of capital structure compute the follwing Please read the passage carefully and select the caculator is allowed for numerical questions Market value of equity will be OPTIONS 6600000 6780000 6800000 None a

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