One of the characteristics of a debenture is that

Commerce WAEC 1997

One of the characteristics of a debenture is that

  • it yields a fixed rate of dividends
  • it has no redemption date
  • it yields a fixed rate of interest checkmark
  • its holder has a voting right
  • the holder bears more risk than others

The correct answer is: C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment