Bearer debentureholders receive interest through interest coupons attached to the debenture certificate. These coupons are presented to the company or bank to collect the interest. Payment is made to whoever holds the debenture (bearer).
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Question
Bearer debentureholders get interest through ______.
Options
Interest Warrants
Refund orders
Interest coupons
MCQ
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Solution
Bearer debentureholders get interest through interest coupons.
Explanation:
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Precautions to Be Taken by the Secretary While Corresponding with Debenture Holders
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