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Can a company purchase its own debentures in the open market? Explain.

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Single Answer MCQ

Q-00002965

Yes, a company can purchase its own debentures in the open market to reduce the outstanding debentures.

No, a company is not allowed to purchase its own debentures in the open market under any circumstances.

A company can only purchase its own debentures in the open market if approved by the shareholders.

Companies can purchase their own debentures in the open market only for trading purposes.

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