The FCCBs are issued in a foreign currency and carry a fluctuating interest rate, which is lower than the rate of any other similar non-convertible debt instrument.

True

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False

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Solution

The correct option is B
False

False. The FCCB's are issued in a foreign currency and carry a fixed interest rate, which is lower than the rate of any other similar non-convertible debt instrument.

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The FCCBs are issued in a foreign currency and carry a fluctuating interest rate, which is lower than the rate of any other similar non-convertible debt instrument.

The correct option is B False False. The FCCB's are issued in a foreign currency and carry a fixed interest rate, which is lower than the rate of any other similar non-convertible debt instrument.

The correct option is B
False

False. The FCCB's are issued in a foreign currency and carry a fixed interest rate, which is lower than the rate of any other similar non-convertible debt instrument.