Law · Company Law
What are convertible debentures?
- 1Debentures that are guaranteed by the government
- 2Debentures that are secured by fixed assets
- 3Debentures that give holders the option to convert into shares within a set period✓
- 4Debentures that must be repaid within one year
Correct answer
Debentures that give holders the option to convert into shares within a set period
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