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Economics
MEDIUM
ENGLISH
Economics
Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?
A
The market value of securities less any debt incurred and common stock and preferred stock
Option A
B
Funds provided to a business by the sale of stock
Option B
Both of them
Correct answer
D
None of them
Option D
Correct answer: C
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