Q.

The underwriting commission in the case of debentures as per Companies Act, should not exceed_________

A. 3% of the price at which the debentures are issued
B. 2.5% of the price at which debenture are issued
C. 5% of the price at which debentures are issued
D. 4% of the price at which debentures are issued
Answer» B. 2.5% of the price at which debenture are issued
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