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Thursday, 02 April 2026
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A characteristic of a debenture is that?

A characteristic of a debenture is that?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Its yeild is based on profits
  • B Its yeild is a fixed rate of interest
  • C It has no redemption date
  • D There is a voting right when interest is paid
Correct Answer: Option B
Explanation:

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