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Pink Pong Ltd. Is planning to float an issue of equity shares in the market in next six months. The directors of the company are also of the opinion that the company should raise some portion of funds from International Capital market through equity.
In context of above case.
(a) State any three merits of raising funds through equity shares.
(b) Explain the sources through with it can raise from International market through equity.

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(a) Merits of equity shares
(b) International sources of funds through equity are :
I. GDR
II. ADR

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