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A company has an authorized capital of 40 million shares at N1 per share, out of which ...

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A company has an authorized capital of 40 million shares at N1 per share, out of which 32 million shares have been issued and fully paid-up. The remaining 8 million shares have

A. been issued but have not been paid-up
B. been applied for but not issued
C. not been paid-up
D. not yet been issued




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