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This question belongs to Commerce Financial Management
Financial Management
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A fixed rate of _________ is payable on debentures

Answer & Solution
Correct Answer: Option C
A fixed rate of Interest is payable on debentures. Debentures are a debt instrument used by companies and government to issue the loan. The loan is issued to corporates based on their reputation at a fixed rate of interest.
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1 Comment
Dipankar Paul
Dipankar Paul 5 years ago
A fixed rate of interest is payable to the Debenture holders by the company.
Brokerage is payable to the underwriters.