The rate of interest on Debentures is generally______
every year.
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The rate of interest on Debentures is generally Yearly or Half Yearly.
This interest rate is usually mentioned in the name of the debenture itself, for example, “9% Debentures”. The interest is calculated on the face value of the debentures. This interest amount is paid periodically, generally yearly or half-yearly. The interest is a charge against the profit of the company.
Answered by
1
Answer:
The rate of interest on debentures is generally yearly or half yearly.
The interest name is usually mentioned in the name of the debenture itself,for example,"9% debentures".The interest is calculated on the face value of the debentures.This interest amount is paid periodically,generally yearly or half yearly.The interest is the charge against the profit of the company.
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