Question

33. A company can raise funds through issue of securities which bear a
fixed rate of interest. Public issue of such securities requires that the
issue be rated by credit rating agency.
a) Identify the securities discussed above​

Answer 1

Answer:

A company can raise funds through issue of securities which bear a

fixed rate of interest. Public issue of such securities requires that the

issue be rated by credit rating agency- debentures

Explanation:

debentures are outsiders funds which carry a fixed rate of interest payable after a certain period of time.