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2. Explain the key differences between equity (stock) and debt (bond) financing for a company? Which is riskier for an investor? (10 marks) 3. What

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2. Explain the key differences between equity (stock) and debt (bond) financing for a company? Which is riskier for an investor? (10 marks) 3. What are Porter's Five Forces? Explain each one with a relevant example. (15 marks)

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