(a) The debentures which are payable on the expiry of a specified period either in lump-sum or in instalments during the life time of the company are known as:
A. Secured debentures
B. Specific coupon rate debentures
C. Redeemable debentures
D. Convertible debentures
Answer:C
(a) The debentures which are payable on the expiry of a specified period either in lump-sum or in instalments during the life time of the company are known as:
A. Secured debentures B. Specific coupon rate debentures C. Redeemable debentures D. Convertible debentures