A company wants to redeem 9% 450 debentures of the face value of Rs. 100 per debenture at a premium of 10%. How many shares of the face value of Rs. 10 is to be issued if they are issued at a premium of 10%:
A. 4,000 share
B. 4,500 share
C. 5,000 share
D. 5.500 share
Answer: Option B
This Question Belongs to Commerce >> Accounting
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