Mathematics · Financial Accounting
A company issues 10% Debentures of face value 5,00,000 rupees. If the underwriting commission is 2%, what are the net proceeds from the issue?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 14,80,000 rupees
- 25,10,000 rupees
- 35,00,000 rupees
- 44,90,000 rupees✓
Correct answer
4,90,000 rupees
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