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State the meaning of fully convertible debentures. - Accounts

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प्रश्न

State the meaning of fully convertible debentures.

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उत्तर

Fully convertible debentures, also known as FCDs, are a type of debt instrument in which the entire amount of the debt instrument can be immediately converted into shares.

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अध्याय 7: Company Accounts - Issue of Debentures - SHORT ANSWER QUESTIONS [पृष्ठ ७.५३]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
अध्याय 7 Company Accounts - Issue of Debentures
SHORT ANSWER QUESTIONS | Q 9. a) | पृष्ठ ७.५३
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