1.

Under ______ debentures, if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors

A. Secured Debentures
B. Partly Convertible Debentures (PCD)
C. Fully convertible Debentures (FCD)
D. Optionally Convertible Debentures (OCD)
Answer» B. Partly Convertible Debentures (PCD)


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