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______ are an important source of raising long-term finance. - Commerce

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Question

______ are an important source of raising long-term finance.

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Solution

Debentures are an important source of raising long-term finance.

Explanation:

Debentures are an important source of raising long-term finance, especially for companies looking for funds without giving away ownership.

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Chapter 3: Sources of Financial for a Join stock Company - QUESTIONS [Page 93]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
QUESTIONS | Q 35. | Page 93
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