Business Studies, asked by BansilGajera98, 4 months ago

Give the meaning of Fully Convertible Debenture.

Answers

Answered by ShreyaKayal

3

Explanation:

A fully convertible debenture (FCD) is a type of debt security in which the entire value is convertible into equity shares at the issuer's notice. The ratio of conversion is decided by the issuer when the debenture is issued. Upon conversion, the investors enjoy the same status as ordinary shareholders of the company.

Answered by sarveshkamle87

1

Answer:

This is meaning of Fully Convertible Debenture

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