A debenture share entitles its holder to?

By: |Published on: Aug 6|Categories: Economics WAEC| 0 comments

A. participate in the annual general meeting of the company
B. share in the dividends declared
C. receive a fixed interest on sums invested
D. have a representative on the Board of Directors

Correct Answer:

Option C – receive a fixed interest on sums invested

Users Also Read These:

SEE ALSO  The distinction between capital and recurrent expenditure lies in the?

Copyright warnings! Do not copy.