Question on: WAEC Economics - 2013
A debenture holder earns
A
commission
B
profits
C
fixed interest
D
quasi-rent
Ask EduPadi AI for a detailed answer
Correct Option: C
A debenture pays a regular interest rate or coupon rate return to investors. Payment of interest is made to the debenture holder at a specified rate and at clearly defined intervals
Add your answer
Please share this, thanks!
No responses