A company issues debentures at 10%, the market rate at that time. What effect would an interest

Question:

A company issues debentures at 10%, the market rate at that time. What effect would an interest rate rise have?

Debentures
Debenture DefinitionDebentures are corporate loan instruments secured against the promise by the issuer to pay interest and principal. The holder of the debenture is promised to be paid a periodic interest and principal at the term. Companies who...

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