Which statement about debentures is correct? A. Debentures carry a fixed rate of dividend. B. Debentures carry

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Which statement about debentures is correct?

A. Debentures carry a fixed rate of dividend.
B. Debentures carry a fixed rate of interest.
C. Debentures are part of the equity of a limited company.
D. Debenture holders are allowed to vote at shareholders’ meetings.

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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Question Posted: Sep 16, 2021 01:44 AM

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Which statement about debentures is correct? A. Debentures carry a fixed rate of dividend. B. Debentures carry

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option B is correct Debentures carry a fixed rate of interest justi...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

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