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Briefly distinguish between the following (i) Par value and no par value shares (ii) Ordinary shares and preference shares (iii) Redeemable and perpetual debenture (iv)

Briefly distinguish between the following

(i) Par value and no par value shares

(ii) Ordinary shares and preference shares

(iii) Redeemable and perpetual debenture

(iv) Secured and naked debenture

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