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A type of long-term loan granted to companies with fixed interest as well as with ...

A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A denbenture
  • B A bond
  • C A term loan
  • D An overdraft
Correct Answer: Option A
Explanation:

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