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26. On 20 July 2020, the XYZ company was listed on the ASX as a limited liability company. The Capital raising was issued at $5.00,
26. On 20 July 2020, the XYZ company was listed on the ASX as a limited liability company. The Capital raising was issued at $5.00, however it was conducted via TWO instalment receipts. The initial payment was $2.00 and the final payment is due 31 December 2020. If you participated in this capital raising and the company went into bankruptcy before the final payment was due, what are your financial obligations as a shareholder?
Select one:
a. $2.00
b. $5.00
c. Nothing
d. $3.00
e. $5.50
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