Instruments that retain the debt character and cannot be converted into equity shares are called as:
A. Partly convertible debentures
B. Fully convertible debentures
C. Non convertible debentures
D. All the above
Answer:C
Instruments that retain the debt character and cannot be converted into equity shares are called as:
A. Partly convertible debentures B. Fully convertible debentures C. Non convertible debentures D. All the above