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Sources of Finance

MIMuhammad Irfan7y ago
Hi, In the notes it is written that irredeemable debentures do not exist in practice, does this mean that the companies don't issue these debentures in real life? thanks
John MoffatJohn MoffatTutor7y ago#1
Yes - that is what it means (because nobody would invest in it!)
MIMuhammad Irfan7y ago#2
Thanks
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