Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Companies: Debentures › Compared with convertible debentures, non-conver…
Compared with convertible debentures, non-convertible ones usually carry what?
AHigher interest rates
BLower interest rates
CAdded voting rights
DNo interest at all
Answer & Solution
Correct answer: A. Higher interest rates
Lacking the conversion advantage, they compensate investors with higher interest rates.
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