36. The following is the data regarding two companies ‘X and ‘Y’ belonging to the same equivalent risk class:ParticularsNo. of ordinary shares Mkt price per share 6% debenturesProfit before interestCompany X Company Y 90,000 1,50,000 Rs. 1.20 Re. 1.00 Rs. 60,000Rs. 18,000 Rs. 18,000All profits after debenture interest are distributed as profits.Explain how under Modigliani & Miller approach, an investor holding 10% of shares in Company X will be better off in switching his holding to Company Y.