Which of the following statements is true?
A. A debenture holder is an owner of the company
B. A debenture holder can get his money back only on the liquidation of the company
C. A debenture issued at a discount can be redeemed at a premium
D. A debenture holder receives interest only in the event of profits
Answer:C
Which of the following statements is true?
A. A debenture holder is an owner of the company B. A debenture holder can get his money back only on the liquidation of the company C. A debenture issued at a discount can be redeemed at a premium D. A debenture holder receives interest only in the event of profits