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We have outstanding 100000 equity of 10 each. For expansion of business we need Rs.500000. which of the following option will be beneficial for equity shareholders ? If net profit before interest & tax is 300000 &tax rate is 40%.(1)-50000 equity sh of Rs 10 each,(2)-10% Pref Sh.. Rs 100 each,(3)- 5000 10% debentures.??????????
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54 Comments Alok and Bhanu play the following min-max game. Given the expression N = 38 + X*(Y – Z) where X, Y and Z are variables representing single digits (0 to 9), Alok would like to maximize N while Bhanu would like to minimize it. Towards this end, Alok chooses a single digit number and Bhanu substitutes this for a variable of her choice (X, Y or Z). Alok then chooses the next value and Bhanu, the variable to substitute the value. Finally Alok proposes the value for the remaining variable. Assuming both play to their optimal strategies, the value of N at the end of the game would be?
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