Question

A company issued 1000,
7% debentures of 100 each at
5% discount and repayable at
10% premium. Loss on
debentures would be​

Answer 1

Explanation:

100 each in the following cases: (a) Issued at 5 % premium redeemable at a premium of 10%. (b) Issued at a discount of 5% redeemable.