Quesions First sub apart of leasing question from where 5% came in solution?
next I want to understand concept of bond refunding plz help any one even via a question will do plz attempt due this nov 14
1 Replies
PSPSPS
(Practicing)
(1344 Points)
Replied 01 November 2014
Post Tax Borrowing rate given at 7% & Tax Rate Given at 30% Hence Pre Tax Rate of Interest shall be 7 / 70 x 100 Hence its 10% PA & Int Payable Hly which brings Calculation at 5%
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