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Question

Accountancy Question on Debentures

Which of the following is NOT a way to redeem the debentures?

A

Payment in Instalments

B

Payment in Lumpsum

C

Purchase in open Market

D

Conversion into shares only NOT in new debentures

Answer

Conversion into shares only NOT in new debentures

Explanation

Solution

The correct option is (D) :Conversion into shares only NOT in new debentures