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The debenture issued at par above the nominal value is said to be issued at a

The debenture issued at par above the nominal value is said to be issued at a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cost price
  • B Mark-up
  • C Premium
  • D Margin
Correct Answer: Option C
Explanation:
If debentures are issued at a price more than its nominal value (face value) such an issue is called issue at a premium.

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