A Debenture Is a Long-Term Secured Debt Instrument

question 65

True/False

A debenture is a long-term secured debt instrument.

---

Definitions:

Future Cash Flows

Future cash flows represent the estimated monetary inflows and outflows over a future period, crucial for financial planning and analysis.

Present Value

A financial principle that describes the current value of a future sum of money or stream of cash flows given a specified rate of return.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Cash Flows

The movement of money into and out of a business, project, or financial product, reflecting its operational and financial health.