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Question 1 Fully explain why the preliminary task of the financial analysis are essential. [10 marks] Question 2 Explain dilution and discuss an example of

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Question 1 Fully explain why the preliminary task of the financial analysis are essential. [10 marks] Question 2 Explain dilution and discuss an example of how it works. [15 marks] Question 3 Explain working capital. In your answer, discuss the relation between working capital and liquidity and how working capital is considered both liquid and permane (Fazzari and Petersen, 1993). [15 marks]

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