A entered into an underwritting agreement with B ltd.for 60percent of the issue of rs 5000000 15percent debentures with a firm underwritting of rs.500000 market application were for rs 3500000 debentures .Calculate the liability of the underwritter and the commission payable to him
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A entered into an underwritting agreement with B ltd.for 60percent of the issue of rs 5000000 15percent debentures with a firm underwritting of rs.500000 market application were for rs 3500000 debentures /
A entered into an underwritting agreement with B ltd.for 60percent of the issue of rs 5000000 15percent debentures with a firm underwritting of rs.500000 market application were for rs 3500000 debentures .
Explanation:
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