The Advantages of Debentures are as follows:
1) The holders of the debentures are entitled to a fixed rate of interest. It can be presented as "5% Debenture".
2) Debentures are for those who want a safe and secure income as they are guaranteed payments with high interest rates.
3) They have priority over other unsecured creditors when it comes to debt repayment.
The Disadvantages of
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