Question

Jaisika Ltd. is engaged in the production of packaged juice since 2005. Over this period, a large number

of competitors have entered the market and are putting a tough challenge to ‘Jaisika Ltd.’. To face this

challenge and to increase its market share, the company has decided to replace the old machinery with an

estimate cost of Rs.100 crores. To raise the finance, the company decided to issue 9% Debentures. The

finance department of the company has estimated that the cost of issuing th​

Answer 1

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