The reward of a debenture holder of a public company is a fixed rate of

The correct answer is "Interest". A debenture is a type of bond that a company issues to raise money from the public. Debenture holders are essentially lending money to the company and, in return, receive regular interest payments at a fixed rate. This interest rate is typically set when the debenture is issued and remains fixed for the life of the bond. Unlike shareholders, debenture holders do not have ownership in the company and do not receive dividends or other forms of profit sharing. Therefore, the reward of a debenture holder of a public company is a fixed rate of interest.