JAMB Commerce 2022 Objective — Question 26

Question 26 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

26. A public limited company can issue a debenture through

A. (A) the capital marketCorrect
B. (B) the money market
C. (C) bank overdrafts
D. (D) discount houses

Explanation

A debenture is a long-term instrument, and long-term instruments are traded in the capital market.

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