ABC Ltd. issued 3,000, 14% Debentures of Rs 100 each at a discount of 5% on January 1, 2012. The debentures are redeemable at par in three equal instalments at the end of the third, fourth and fifth year. What is the value of debentures redeemable at the end of fifth year?

ABC Ltd. issued 3,000, 14% Debentures of Rs 100 each at a discount of

1.	ABC Ltd. issued 3,000, 14% Debentures of Rs 100 each at a discount of 5% on January 1, 2012. The debentures are redeemable at par in three equal instalments at the end of the third, fourth and fifth year. What is the value of debentures redeemable at the end of fifth year?
Answer» ABC Ltd. issued 3,000, 14% Debentures of Rs 100 each at a discount of 5% on January 1, 2012. The debentures are redeemable at par in three equal instalments at the end of the third, fourth and fifth year. What is the value of debentures redeemable at the end of fifth year?

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ABC Ltd. issued 3,000, 14% Debentures of Rs 100 each at a discount of 5% on January 1, 2012. The debentures are redeemable at par in three equal instalments at the end of the third, fourth and fifth year. What is the value of debentures redeemable at the end of fifth year?

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