How much ought to the firm store

Reference no: EM13906658

metro Corporation needs to resign Rs20 million of debentures every toward the end of 6, 7, what's more, a long time from now. How much ought to the firm store in a sinking trust account every year for a long time, so as to meet the debenture retirement need? The net premium rate earned is 10 percent.

Reference no: EM13906658

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