Debentures, bonds and loan notes are long-term loans with a variable rate of interest and a variable repayment date.
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Q3: Which of the following statements describe sole
Q4: Which one of the following is not
Q5: Which one of the following is not
Q6: Which types of finance are available to
Q7: Which one of the following statements does
Q9: Which of the following are characteristics of
Q10: Which of the following are characteristics of
Q11: Payment of interest on borrowings is compulsory
Q12: Dividends are the cost of borrowing money
Q13: Dividends are a share of the profit
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