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A company wants to redeem 9 450 debentures of the face...

This question belongs to Commerce Accounting
Accounting
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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%:

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Correct Answer: Option B
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