12% 200 debentures is available in the market at a price of 196 per debenture, the expenses...

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12% ₹200 debentures is available in the market at a price of ₹196 per debenture, the expenses (brokerage and securities transaction tax) at the time of purchase of shares is Re. 1 per debenture. Only one year is left for maturity; it has a provision of redemption at par on maturity. If an investor purchases it today then calculate the holding period return for him/her.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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