Which of the following option regarding issue and redemption of debenture is not possible in general?
Which of the following option regarding issue and redemption of debenture is not possible in general?
Solution
✅ Correct Option: 2
Debentures can be issued at par, premium or discount, and redeemed at par or premium. Redemption at a discount is not permitted because debenture holders are creditors entitled to repayment of at least the face value of their debentures.
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