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<p style="text-align:justify;"><strong><span>(a) Equity Share Capital,</span></strong></p> <p style="text-align:justify;"><strong><span>(b) Preference Share Capital,</span></strong></p> <p style="text-align:justify;"><strong><span>(c) Debentures,</span></strong></p> <p style="text-align:justify;"><strong><span>(d) (a) and (b) above.</span></strong></p>
C. Debentures.
Tax rate is relevant for Borrowed Capital in general because interest expenses are tax deductible costs. Unlike Common and Preferred Dividends, which are not tax deductible.
Answer C.
Regards,
Joshi Mathew
CIA #1036906
d :- a & b above...
Answer C correct answer
