A fixed rate of _________ is payable on debentures

A. dividend

B. Commission

C. Interest

D. Brokerage

Answer: Option C

Solution(By Examveda Team)

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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Comments ( 1 )

  1. Dipankar Paul
    Dipankar Paul :
    4 months ago

    A fixed rate of interest is payable to the Debenture holders by the company.
    Brokerage is payable to the underwriters.

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