Debenture holders receive............ at a............. percentage from the company.
Answer & explanation
Correct answer: option 3
The correct answer is option 3- Interest, fixed.
Debenture is the acknowledgements of debt. It is a loan capital raised by the company from general public. A person/holder of such a written acknowledgement is called ‘debenture holder’. Debenture holders receive interest at a fixed percentage.
* Shareholders receive dividend and debenture holders receive interest.