0589dbcf__Papers_and_Solved_Assignments__B
[0] 7 [A] Question The characteristics of Debentures are [B] 
- Funds raised by the company by way of debentures are required to be repaid during the lifetime of the company at the time stipulated by the company - The interest on debentures is payable even if the company does not earn the profits - In financial terms, debentures prove to be a cheap source of funds from the company's point of view
SCDL Sample Papers and Solved Assignments
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