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The financial manager of a company has formulated various financial plans to finance Rs . 3 0 , 0 0 , 0 0 0 required
The financial manager of a company has formulated various financial plans to
finance Rs required to implement various capital budgeting projects. You are required to determine the indifference point for each financial plan, assuming corporate tax rate and the face value of equity shares as Rs; i Either equity capital of Rs or Rs debentures and Rs equity; ii Either equity capital of Rs or preference shares of Rs and Rs equity; iii Either equity capital of Rs or preference capital of Rs Rs debentures and Rs equity; and iv Either equity share capital of Rs and debentures of Rs or preference capital of Rs debenture of Rs and Rs equity.
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