Sources of Busi...

Commercial Paper emerged as a source of __________ finance in our country in the early _________.

The money raised by issue of equity shares is called ________ share capital.

Equity capital serves as ____________ capital as it is to be repaid only at the time of liquidation of a company.

Investors who need steady income may not prefer equity shares as they get ___________ returns.

Preference shares resemble debentures as they bear ________ rate of return.

As equity capital stands last in the list of claims, it provides a cushion for __________.

The cost of equity shares is generally _______ as compared to the cost of raising funds through other sources.

Which of the following is a merit of equity shares?

The rate of dividend on preference shares is generally _________ than the rate of interest on debentures.

Equity shares represent the __________ of a company.