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Question #49885

What is a Debenture ?

Options:

A) Certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period

B) Certificate for the investment in shares

C) Certificate for the preference share

D) None of these

Answer: What is a Debenture Certificate issued by a company promising the payment of a specified amount at a fixed rate of interest after a specified period.

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