CBSE Class 12 Business Studies 2015 Outside Delhi set 1

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Mission Coach Ltd.' is a large and creditworthy company manucturing coaches for Indian Railways. It now wants to export these coaches to other countries and decides to invest in new hi-tech machines. Since the investment is large, it requires long-term finance. It decides to raise funds by issuing equity shares. The issue of equity shares involves huge floatation cost. To meet the expenses of floatation cost, the company decides to tap the money market.
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Question : 27
Total: 39
State any other purpose for which this instrument can be used.
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