Question

Debentures of ₹5,00,000 are redeemed at 5% premium. Redemption fund has ₹4,50,000. Balance is met by fresh issue of equity shares. Fresh issue required = ?

A ₹50,000
B ₹75,000
C ₹1,00,000
D ₹25,000
E ₹1,50,000
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