What is the fixed interest rate for debentures - SS2 Accounting Loan Capital: Debentures Question
What is the fixed interest rate for debentures?
A
The interest rate that changes throughout the term of the debenture
B
The interest rate that is determined at the time of issuance and remains constant throughout the term of the debenture
C
The interest rate that is determined by the investor
correct option: b
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