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Shares are units of ownership capital in a company. Debentures are __________

Debentures represent borrowed capital of a company. Unlike shares, which represent an ownership interest, debentures evidence a debt owed by the company.

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Shares are units of ownership capital in a company. Debentures are __________

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Correct answer C

Debentures represent borrowed capital of a company. Unlike shares, which represent an ownership interest, debentures evidence a debt owed by the company.

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