A debenture is ________. A. The interest paid on a bond B. A type of bond that

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A debenture is ________.
A. The interest paid on a bond
B. A type of bond that can be sold back to the issuing company whenever the bondholder wishes
C. A bond with only the company’s word that they will pay it back
D. A bond with assets such as land to back their word that they will pay it back

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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