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A company issuing debentures with a matu...

A company issuing debentures with a maturity period of not more than 18 months, in that case the creation of Debentures Redemption Reserve will be :

A

50% of the amount of debentures issuesd

B

25% of the amount of debentures issued

C

100% of the amount of debentures issued

D

None of the above

Text Solution

Verified by Experts

The correct Answer is:
D
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