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What are the Advantages of placement
Placement has the below benefits:
(i) Timing of issue is significant for successful floatation of shares. In a depressed market conditions when the issues aren't likely to draw public response though prospectus, placement method is a useful method of floatation of shares.
(ii) This method is appropriate when small companies issue their shares.
(a) A couple has just celebrated their 25th wedding anniversary. What is the probability of them celebrating their 50th wedding anniversary, if the husband is aged exactly 50, his
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