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Debentures payable on expiry of a specified period are what?
ABearer debentures
BConvertible debentures
CRedeemable debentures
DPerpetual debentures
Answer & Solution
Correct answer: C. Redeemable debentures
Debentures repayable after a set period, in a lump sum or instalments, are redeemable debentures.
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