Question on: SS1 Economics - Basic Instruments For Business Financing
What is the main difference between debentures and bonds?
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A
Debentures have a longer maturity period than bonds.
B
Bonds are issued in smaller denominations than debentures.
C
Debentures represent ownership in a company, while bonds are a type of debt instrument.
D
Bonds are typically issued by governments, while debentures are issued by companies.
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Correct Option: C
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