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Commerce · Q329

Business Finance

Graduate and Post Graduate · Commerce · question 329

Q329

A company has issued 10% perpetual debt of Rs. 1 lac at 5% premium. If the tax rate is 30%, then the cost of debt will be

A.
10%
B.
15%
C.
6.66%
Answer
D.
8.21%

Answer: Option C

Solution

Answer: Option C
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