Multiple Choice Questions
Loan capital Ordinary shares Preference shares A 1 2 3 B 2 3 1 C 3 1 2 D 2 1 3 10. Consider the following statements. (1) Both a stock split and a scrip issue convert equity reserves into ordinary share capital. (2) Both a rights issue and a Stock Exchange placing exclude the general public from subscribing to the issue of new shares. ................
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