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Question
Debentures represent ____________.
Debentures represent ____________.
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Solution
The correct option is D Loan capital of the company
A debenture represents the loan capital of a company because a debenture issued by a company is an acknowledgement that the company had borrowed a certain amount of money, which it promises to repay at a future date.
A debenture represents the loan capital of a company because a debenture issued by a company is an acknowledgement that the company had borrowed a certain amount of money, which it promises to repay at a future date.
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