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1. Identify the differences between equity securities and debt securities based on the following criteria (2 marks) : (1) relationship between securities holders and issuers;

1. Identify the differences between equity securities and debt securities based on the following criteria (2 marks):

(1) relationship between securities holders and issuers;

(2) entitlement of securities holders;

(3) Maturities;

(4) priority in payment and

(5) risk and return

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