Practicing Success
Debenture holders receive............ at a............. percentage from the company. |
Dividend, fixed Dividend, fluctuating Interest, fixed Interest, Fluctuating |
Interest, fixed |
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. |