Practicing Success
Which of the following debentures cannot be converted into shares or into any other securities by the company? |
Convertible Debentures Non-Convertible Debentures Zero Coupon Rate Debentures Irredeemable Debentures |
Non-Convertible Debentures |
The debentures which cannot be converted into shares or in any other securities are called nonconvertible debentures. Most debentures issued by companies fall in this category. |