XYZ Co has plans to issue 7,000, Eleven percent Debentures of Rs.100 each at a discount of
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XYZ Co has plans to issue 7,000, Eleven percent Debentures of Rs.100 each at a discount of 5%. The debentures are redeemable after 4 years and the commission payable to brokers & underwriters is Rs. 32,000. Calculate the After Tax Cost of the debt, if the tax rate is assumed as 50%
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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