All the following are sources of equity finance, except __________. Question 9Answer A. debentures B. retained earnings C. fresh issue of shares D. right issues?
The correct answer is A. debentures.
Debentures are a form of debt finance, not equity finance. They represent a loan made to a company which must be repaid, typically with interest. The other options—retained earnings, fresh issue of shares, and rights issues—are all forms of equity finance.