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In the capital structure of a Public Limited Company, the term equity refers to

Commerce
WAEC 1998
In the capital structure of a Public Limited Company, the term equity refers to
  • A. preference shares
  • B. ordinary shares
  • C. debentures
  • D. stocks
  • E. bonds
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts