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Equity Shares are?
33. Equity Shares are?
- Non-redeemable
- Redeemable
- Non-Transferrable
- Transferrable
Answer: A) Non-redeemable
Explanation:
Equity shares securities are not redeemable. Issuing redeemable equity shares would mean the company is willing to pay back the entire amount of the money invested by the equity shareholders.