Q22. Consider the following statements: 1. Non-convertible debentures

1.	Q22. Consider the following statements: 1. Non-convertible debentures are used as tools to raise long-term funds by companies through a public issue. 2. To compensate for this drawback of non-convertibility, lenders are usually given a higher rate of return compared to convertible debentures. Which of the following statements are correct?
Answer» Q22. Consider the following statements: 1. Non-convertible debentures are used as tools to raise long-term funds by companies through a public issue. 2. To compensate for this drawback of non-convertibility, lenders are usually given a higher rate of return compared to convertible debentures. Which of the following statements are correct?

Q22. Consider the following statements: 1. Non-convertible debentures are used as tools to raise long-term funds by companies through a public issue. 2. To compensate for this drawback of non-convertibility, lenders are usually given a higher rate of return compared to convertible debentures. Which of the following statements are correct?

Answer»

Q22. Consider the following statements:

1. Non-convertible debentures are used as tools to raise long-term funds by companies through a public issue.

2. To compensate for this drawback of non-convertibility, lenders are usually given a higher rate of return compared to convertible debentures.

Which of the following statements are correct?