Procedure of loan amortization and capital recovery


A company has issued debentures of Rs. 50 Lakhs to be repaid after 7 years. How much should the company invest in a sinking fund earning 12% in order to be able to repay debentures? Show the procedure of loan amortization and capital recovery through an example.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Procedure of loan amortization and capital recovery
Reference No:- TGS039531

Expected delivery within 24 Hours