Practice free →
HomeUP Board Class 12accountancyIssue and Redemption of Debentures › The fixed rate of interest carried by a debentur…

The fixed rate of interest carried by a debenture is known as its:

Aredemption price
Bdividend rate
Ccoupon rate
Dface value
Answer & Solution
Correct answer: C. coupon rate
The coupon rate is the fixed interest rate on a debenture.
Solve this in the app — UP Board Class 12 practice & 24k+ MCQs →
Related questions