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Q.2. a) Differentiate between issued, registered and paid-up share capital. (8 Marks). b) Describe advantages and disadvantages of debt capital to a company. (6 Marks

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Q.2. a) Differentiate between issued", "registered" and "paid-up" share capital. (8 Marks). b) Describe advantages and disadvantages of debt capital to a company. (6 Marks c) Differentiate between over and under subscription in share. (5 Marks) d) Explain limitations of share capital to a company. (6 marks)

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