Question: A debenture is a ( n ) : a . long - term debt secured by fixed assets owned by the firm. b . long

A debenture is a(n):
a. long-term debt secured by fixed assets owned by the firm.
b. long-term debt secured specifically by land owned by the firm.
c. unsecured debt which generally matures in ten years or more.
d. unsecured debt which generally matures in less than ten years.
e. any debt which matures in less than ten years.

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