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Question
Select most appropriate alternative from those given below :
The issue of debenture at its face value is called the issue ___________.
Options
at par
at discount
at premium
none of these
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Solution
The issue of debenture at its face value is called the issue at par.
Explanation: When debentures are issued at their face value, it is known as ‘issue at par’. In this case, issue price is equal to face value.
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