Practicing Success
Practicing Success
CUET Preparation Today
| When debentures are issued with a specified rate of interest, which is also called.............. |
Rate of interest Rate of payment Coupon rate All of these |
| Coupon rate |
| Specific Coupon Rate Debentures: These debentures are issued with a specified rate of interest, which is called the coupon rate. The specified rate may either be fixed or floating. The floating interest rate is usually tagged with the bank rate. |
