What is debentures and its advantages 1?
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Investors who want fixed income at lesser risk prefer them. Financing through them is less costly as compared to the cost of preference or equity capital as the interest payment on debentures is tax deductible. The company does not involve its profits in a debenture.
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advantage of debentures inventors who won fixed income and leesser risk perfer.... them financing thought that is less costly as compared to the cost of preference of equity capital as the interest payment on debentures in tax the deducitable.
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