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Eduncle posted an MCQ
February 21, 2020 • 19:10 pm 0 points
  • UGC NET
  • Commerce

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?

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