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QUESTION 3 (25 Marks) The very nature of finance is that it cannot be profitable unless it is significantly leveraged... In light of the above

QUESTION 3 (25 Marks) The very nature of finance is that it cannot be profitable unless it is significantly leveraged... In light of the above statement critically discuss the following sources of long-term financing for a business: - Ordinary and preference shares - Debentures - Venture capital (10 marks) (9 marks) (6 marks)

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