ABC Ltd. issues 15% debentures of face value of Rs.100 each, redeemable at the end of 7 years. The debentures are issued
Posted: Tue Jan 18, 2022 12:58 pm
- Abc Ltd Issues 15 Debentures Of Face Value Of Rs 100 Each Redeemable At The End Of 7 Years The Debentures Are Issued 1 (64.28 KiB) Viewed 46 times
ABC Ltd. issues 15% debentures of face value of Rs.100 each, redeemable at the end of 7 years. The debentures are issued at a discount of 5% and the flotation cost is estimated to be 1%. Find out the cost of capital of debentures given that the firm has 50% tax rate. 9:17 PM