Can u please give me example of bonds? is National savings
certificate a Bond?
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Q1. Assuming that a firm pays tax at a 50 percent rate, compute the after tax cost of capital in the following cases: 1. A 8.5% preference share sold at per. 2. A perpetual bond sold at per, coupan rate of interest being 7per cent. 3. A ten year, 8 per cent, Rs. 1000 per bond sold at Rs. 950 less 4 percent underwriting commission.
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Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"
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