Question: Write brief notes on the following terms:- i) Bank Overdraft; ii) Bonus issue (5 Marks) b) Why are loans deemed to be less risky than
Write brief notes on the following terms:-
i)Bank Overdraft;
ii)Bonus issue
(5 Marks)
b)Why are loans deemed to be less risky than shares?
(5 Marks)
c)Compare and contrast ordinary and preference shares
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