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Redemption of Debentures

A company sho...

Question

A company should at least have how much % of the value of outstanding debentures in their debenture redemption reserve before redeeming the debentures?

A

15%

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B

25%

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C

30%

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D

50%

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Solution

The correct option is D
25%

A company should at least have 25% of the value of outstanding debentures in their debenture redemption reserve before redeeming the debentures.

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