Practicing Success
Practicing Success
CUET Preparation Today
| A company issued 1,000, 12% debentures of ₹ 100 each at 10% premium. 12% stand for? |
Rate of dividend Rate of Profit Rate of interest None of these |
| Rate of interest |
| The rate of interest is a prefix value to the debenture, say 9% Debentures and, therefore, is payable even if the company incurs a loss. It is a charge against profit. |
