features, merit and demerit of debentures in points
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MERIT
1)it ensures the higher poition in the pecking order as a creditor.
2)it provide fixed amount or rate of interest to lenders
DEMERITS
1) it enhances the financial risk and not suitable for companies for earning fluctuate cosiderably.
1)it ensures the higher poition in the pecking order as a creditor.
2)it provide fixed amount or rate of interest to lenders
DEMERITS
1) it enhances the financial risk and not suitable for companies for earning fluctuate cosiderably.
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