39.What are Debentures? A. Share capital B. Short-term debt instruments C. Long-term debt instruments D. Equity investment
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Solution 1
Debentures are C. Long-term debt instruments. They are a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secu Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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