13
A fixed rate of _________ is payable on debentures
- Adividend
- BCommission
- CInterest
- DBrokerage
Correct answer: C
Discussion 1
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CCommunity
Interest
A fixed rate of Interest is payable on debentures. Debentures are a debt instrument used by companies and government to issue the loan. The loan is issued to corporates based on their reputation at a fixed rate of interest.
A fixed rate of Interest is payable on debentures. Debentures are a debt instrument used by companies and government to issue the loan. The loan is issued to corporates based on their reputation at a fixed rate of interest.