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Q3. (a) What is equity share capital? Explain the features of equity shares. Ans. Refer to June-2010, Q.No.-4(a) (b) The initial cash outlay of a

Q3. (a) What is equity share capital? Explain the features of equity shares. Ans. Refer to June-2010, Q.No.-4(a) (b) The initial cash outlay of a project is $1,00,000 and it generates cash inflows of 740,000,

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