A company issues debentures worth rs 100 crore and pays on


A company issues debentures worth Rs. 100 crore and pays on interest of Rs. 10 crore at the end of 1 year. What is the actual cost of debt if the prevailing tax rate is 40%? 

Solution Preview :

Prepared by a verified Expert
Management Theories: A company issues debentures worth rs 100 crore and pays on
Reference No:- TGS0909799

Now Priced at $15 (50% Discount)

Recommended (97%)

Rated (4.9/5)