Skip to content
Studycaller

CA Inter doubt

X ltd issued 12% debentures of Rs.100 at 10% premium. The current market price of these debentures is Rs. 125. It is proposed to redeem the debentures after 5 years at 10% discount. The tax rate of th

Asked by Nandhana12 May 2024510 views

7 answers

  1. Yash · 12 May 2024

    I think we have to consider np is 125 -2.2 = 122.8

  2. Nimesh · 12 May 2024

    We consider market value only for equity share and not for debentures.. and as the question says to take the floatation cost on issue price so it will be 2.2/-

  3. Nimesh · 12 May 2024

    View attached PDF

  4. Yashti · 12 May 2024

    View attached PDF

  5. Yash · 12 May 2024

    If you got the solution for same please upload here also

  6. Nimesh · 12 May 2024

    Answer will be 4.89%

  7. Tarun · 12 May 2024

    Yeah msg me

Answer or ask in the appGet a CA mentor

Free app · 5 lakh+ learners

Ask your doubt in the Studycaller app

Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.

Get it onGoogle PlayDownload on theApp Store