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
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Solution
Bearer debentureholders get interest through interest coupons.
Explanation:
RELATED QUESTIONS
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| Group ‘A’ | Group ‘B’ |
| a) Return on Debentures | 1) __________________ |
| b) Debenture certificate | 2) __________________ |
| c) __________________ | 3) Debentureholders |
| d) __________________ | 4) Debenture |
| e) __________________ | 5) Power to issue debentures |
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Answer in one sentence.
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Precise information
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The company secretary should take certain precautions while corresponding with debenture holders.
