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The debenture issue at discount repayable at premium result in |
Answer» If debentures are issued at a PRICE more than its nominal value (face value) such an issue is called issue at a premium. For example, if a debenture of RS. 1000 is offered at 1,050, it is a case of issue of debentures at premium. The EXCESS of issue price over face value is premium. |
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