Accountancy, asked by Chiragbansal6515, 1 year ago

What is a ‘Convertible Debenture’?

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Answered by ravneer

13

Answer: A convertible debenture is a type of long-term debt issued by a company that can be converted into stock after a specified period. A debenture is a type of debt instrument that is not secured by physical assets or collateral.

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