__________ and __________ are two financial instruments that carry a fixed rate of interest and they have to be paid off regardless of whether the firm earns revenue or not.

CS Executive · Financial and Strategic Management · PYQS · June 2024
__________ and __________ are two financial instruments that carry a fixed rate of interest and they have to be paid off regardless of whether the firm earns revenue or not.
(A) Equity Shares, Preference Shares
(B) Preferred Stocks, Debentures
(C) Bonds, Debentures
(D) Preferred Stocks, Bonds

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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