A Ltd. issued 8% debentures (face value ₹10 each) worth ₹100 Lakh at par. A Limited falls in 30% tax bracket. The effective cost of debentures will be :
CS Executive · Financial and Strategic Management · PYQS · June 2022
A Ltd. issued 8% debentures (face value ₹10 each) worth ₹100 Lakh at par. A Limited falls in 30% tax bracket. The effective cost of debentures will be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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