Q208
A company raises Rs. 1,00,000 by issue of 1000, 10% debentures of Rs. 100 each at a discount of 2% redeemable after 10 years. If the corporate tax rate is 40%, what would be the cost of capital?
A.
6.82%
B.
5.98%
C.
6.18%
AnswerD.
5.5%
Answer: Option C
Solution
Answer: Option C
No explanation is given for this question Let's Discuss on Board