1.

Correct the underlined word and rewrite the following sentences.1. Finance is needed to pay dividends to debenture holders.2. When there is a recession in the economy sales will increase.3. Share is an acknowledgment of a loan raised by the company.4. Equity shares carry dividends at a fixed rate.

Answer»

1. Finance is needed to pay interest to debenture holders.

2. When there is a boom in the economy sales will increase.

3. A debenture is an acknowledgment of a loan raised by a company.

4. Preference shares carry dividends at a fixed rate.



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