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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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