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QUESTION 1 (25 Marks) All companies require capital or funding either to start a business or for expansion. In light of the above statement critically

QUESTION 1 (25 Marks) All companies require capital or funding either to start a business or for expansion. In light of the above statement critically discuss the following sources of long-term financing for a business: 1.1 Retained earnings (5 marks) 1.2 Ordinary shares and Rights issue (10 marks) 1.3 Venture capital (5 marks) 1.4 Debentures (5 marks)

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