If the degree of total leverage is 5 and % change in sales is10, then % change in EPS will be? a) 20 b) 50 c) 30 d) 40 Question 2:- Z Ltd. issues 1,00,000 14% debentures after 5 years at Rs.110 each. The commission payable to underwriters and brokers is 10% and the applicable tax rate is 45%. Calculate the cost of debt. a) 12% b) 11.70% c) 13.50% d) 14%