FNSTPB504 Assessment Task.docx Rare 5 more documents to earn a free unlock. i Helpful I! Unhelpful _ + lAutomaticZoom ASSESSMENT ACTIVITY 6 95\".\"? 9'5\" What is 'equitynance'? What is 'loan nance'? What is the main difference between them? What is share capital? What purpose does the concept of share capital full? List the rights held by shareholders of ordinary shares. Chin Ho has inherited two bundles of shares from her grand mother from two different companies. The rst bundle is cumulative preference shares and the second bundle is redeemable preference shares. Explain what this means. What is reserve capital? How is the price for an option calculated? Elizabeth owns 20,000 shares in Tudor Ltd. Elizabeth has received from the directors of the company a renou ncea ble oneforfour rights issue at the discounted price of 5% below market price. Explain what this means and the choices available to her. Why is there a general prohibition to a company purchasing its own shares