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Interest on debentures

This query is : Resolved 

15 September 2010 How to calculate interest in this case?

Purchased 100, 12% debentures of B Ltd.@ Rs.100 each by subscribing to the company directly. Date of issue was 31-10-2009. Interest due on 30th June & 31st December of every year.

15 September 2010 ask the company to give accrued interest certificate.

You can also calculate interest on accrual basis.



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