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2. RunRig Ltd. is an investment company with the following balance sheet: Long-term debt Bonds: Par $100, annual coupon 10 % pa, 5 years to

2. RunRig Ltd. is an investment company with the following balance sheet: Long-term debt Bonds: Par $100, annual coupon 10 % pa, 5 years to maturity Equity Preference shares Ordinary shares Total 3,000,000 1,000,000 1,000,000 5,000,000

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