MCQOPTIONS
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| 1. |
When debentures are redeemed in annual installments the redemption is known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. |
| A. | Redemption by drawing a lot |
| B. | Redemption out of capital |
| C. | Redemption out of profit |
| D. | Redemption by conversion. |
| Answer» B. Redemption out of capital | |