The Capital Structure of Go Corp Ltd currently consists of $1,500,000$ ordinary shares of $$1\mathrm{.}00$ each fully paid and $$500,00012\%$ Debentures.

The company wants to expand its business and it will require an additional $$1,000,000.$ The following preposition have been submitted to Go Corp Ltd for Consideration:

An issue of $1,000,000$ $$1\mathrm{.}00$ Ordinary shares

An issue of $$1,000,00010\%$ Debentures

An issue of $500,000$ $$1$ Ordinary Shares plus $$500,00010\%$ Debentures

The Net Income before Interest and Tax of Go Corp Ltd is expected to be $$700,000.$ Tax Payable at the rate of $20\%.$

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