CE 701 · Chapter 6
Project Engineering past question
6.1 Project Finance and Sources
What are the sources of project finance? A firm has equity capital consisting of 5000 ordinary share @ Rs 100 per share and Rs. 3,00,000 preference share at 12% interest per year and Rs 2,00,000 loan at 10% interest per year. If firm's earning before interest and tax is Rs 3,50,000 and tax rate applicable is 25% determine earning per share and book value.