Types Of Securities - Commerce Jamb Past Questions and Answers

Question 26 :

• JAMB 2015

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

A. Debenture
B. A bond
C. A term loan
D. An overdraft

Question 27 :

• JAMB 2015

A bond which attracts interest but leaves the capital repaid is referred to as

A. A redeemable bond
B. An irredeemable bond
C. A development bond
D. A long-term loan

Question 28 :

• JAMB 2018

A debenture holder is entitled to

A. Dividend
B. Interest
C. Commission
D. Profit