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Friday, 17 April 2026
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One of the characteristics of a debenture is that

One of the characteristics of a debenture is that
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A It yields a fixed rate of dividends
  • B It has no redemption date
  • C It yields a fixed rate of interest
  • D Its holder has a voting right
  • E The holder bears more risk than others
Correct Answer: Option C
Explanation:

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