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Home Questions TFTRTFQGW8
Target Exam

CUET

Subject

Accountancy

Chapter

Issue and Redemption of Debentures

Question:
The rate of interest on debentures is..........
Options:
Prefixed
Not fixed
Debentures got dividend
None of these
Correct Answer:
Prefixed
Explanation:
The rate of return on shares may vary from year to year depending upon the profits of the company but the rate of interest on debentures are prefixed.

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