Social Sciences, asked by kumarkumar49938, 3 months ago

what is debenture feature of debenture ?​

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Answered by Aaryan1919
7

Answer:

A debenture typically carries the following features: 1. Debentures are nothing but documents. In other words, they possess documentary value. 2. These documents are evidence of debt. This shows that the company owes a debt to the debenture-holder. 3. The interest on debentures is always payable at a fixed rate.

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