Q3 of 22 Page 210

What is the difference between internal and external sources of raising funds? Explain.

The difference between internal and external sources of raising funds are-


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1

What is business finance? Why do businesses need funds? Explain.

 2

List sources of raising long-term and short-term finance.

 4

What preferential rights are enjoyed by preference shareholders? Explain.

 5

Name any three special financial institutions and state their objectives.