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1.Define equity. 2.Describe how new shares are issued; 3.Critically discuss the role of the Investment Bank and the stock exchange in new share issues; 4.Discuss

1.Define equity.

2.Describe how new shares are issued;

3.Critically discuss the role of the Investment Bank and the stock exchange in new share issues;

4.Discuss how security prices are determined;

5.Describe the various market efficiencies.

6.In what ways can Insurance companies and Pension funds act as investment vehicles

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