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APPRAISAL OF ISSUE OF SHARES AS A SOURCE OF FINANCE IN PUBLIC LIABILITY COMPANIES

CHAPTER ONE 1.0            INTRODUCTION There are various sources of finance available for companies. Companies can rise finance by borrowing from financial institution (i.e commercial banks), friends, relative or even suing personal savings.  Also finance can be raised by issue of shares. A share is the interest of a shareholder in the company measured by a sum of money for the purpose of ability and interest.  The main types of shares are -                     Ordinary shares ...

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