Sherry Ltd. (a listed NBFC) has 50,000, 6% Debentures of ₹ 100 each due for redemption on 31st March, 2022
Solution:- Debentures Redemption Investment = 50,00,000 ✕ 15% = ₹ 7,50,000 Debenture Redemption Investment Realised = 7,50,000 ✕ 105% = ₹ 7,87,500