*Since yield on similar type of debentures is 16 per cent, Why the company would be required to offer debentures at discount when the company issuing @ 15%
Prethivi Rajan
CA Final
★ 9K+
14-Apr-23 02:12
218
Answers (1)
Best Answer
Instead of investing in this company the guy can invest in some other company and can get 16%. The company is issuing below the current yield of the market so they are issuing the debentures on a discount.