Interest is payable on debentures at which rate ?

None of these

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Any rate according to company`s choice

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On the basis of profits

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Fixed predetermined rate

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Solution

The correct option is D
Fixed predetermined rate

Interest is payable on debentures at fixed predetermined rate.

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Interest is payable on debentures at which rate ?

The correct option is D Fixed predetermined rate Interest is payable on debentures at fixed predetermined rate.

The correct option is D
Fixed predetermined rate

Interest is payable on debentures at fixed predetermined rate.