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Secured debentures are also called as

This question belongs to Commerce Business And Commerce
Business and Commerce
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Secured debentures are also called as _________.

Answer & Solution
Correct Answer: Option A
Secured debentures are also called as Mortgaged debentures. These debentures have some asset of the company as collateral security. Since the applicant's investment is protected against the asset of the company, it is called as a secured debenture.
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