Correct the underlined word/s and rewrite the following sentences.

1. Finance is needed to pay dividend to debentureholders.
Ans: Finance is needed to pay interest to debenture holders.

2. When there is recession in economy sales will increase.
Ans: When there is boom in economy sales will increase.

3. Share is an acknowledgement of loan raised by company.
Ans: Debenture is an acknowledgment of loan raised by company.

4. Equity shares carry dividend at fixed rate.
Ans: Preference shares carry dividend at fixed rate.