BST Ltd. want to redeem its 900,10% debentures at 105% by converting them into shares of ₹ 10 each at ₹ 9 each. The number of shares to be issued will be :
A. 9,000 Shares
B. 10,500 Shares
C. 10,000 Shares
D. 8,500 Shares
Answer:B
BST Ltd. want to redeem its 900,10% debentures at 105% by converting them into shares of ₹ 10 each at ₹ 9 each. The number of shares to be issued will be :
A. 9,000 Shares B. 10,500 Shares C. 10,000 Shares D. 8,500 Shares