X Ltd. issued Rs.10,00,000 12% debentures of Rs. 100 each. Assuming that the debentures were issued (a)
Fantastic news! We've Found the answer you've been seeking!
Question:
X Ltd. issued Rs.10,00,000 12% debentures of Rs. 100 each. Assuming that the debentures were issued (a) at par; (b) at a premium of 20% and (c) at a discount of 10%, calculate the net effective rate of interest on debentures.
Related Book For
South Western Federal Taxation Individual Income Taxes 2018
ISBN: 9781337385893
41st edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
Posted Date: