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    • 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 Correct Answer Incorrect Answer
      B ₹75,000 Correct Answer Incorrect Answer
      C ₹1,00,000 Correct Answer Incorrect Answer
      D ₹25,000 Correct Answer Incorrect Answer
      E ₹1,50,000 Correct Answer Incorrect Answer

      Solution

      Redemption = 5,00,000 + 25,000 premium = 5,25,000. Fund available 4,50,000. Balance = 75,000.

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