a 16 debenture of r5 000 is redeemable at a


A 16% debenture of R5 000 is redeemable at a premium of 10% after 5 years. The fair rate of return on similar debentures is 14% before tax.
Calculate the present value of the capital portion of the debenture.

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Financial Management: a 16 debenture of r5 000 is redeemable at a
Reference No:- TGS0423013

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