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Sources of Corporate Finance — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeSources of Corporate Finance1 Mark
Question
What are convertible debentures?
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Answer

Convertible debentures are debentures that are converted into equity shares after a specific period as specified at the time of issue.

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