A debenture can mature under various circumstances, and all of the options mentioned in the answer are correct: a) A debenture can mature after a specified period: This means that the debenture holder is entitled to receive the principal amount at the end of a predetermined period, which is typically specified in the debenture instrument. b) A debenture can mature at the option of the company: Some debentures may include a provision that allows the company to redeem or repay the debenture at its discretion before the specified maturity date. This gives the company flexibility in managing its debt. c) A debenture can mature at fixed intervals: In some cases, debentures may mature in installments at regular intervals over a specified period. This means that a portion of the principal amount is repaid at predetermined intervals until the entire debenture is redeemed. |