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Discuss the current position of the Corporations Act in respect to reciprocal ownership interests.
Par Value
A nominal or face value assigned to a share of stock in the company's charter, representing the minimum amount the stock can be sold for.
Stockholders' Equity
The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of shareholders.
Debt Refunding
The process of replacing an existing debt obligation with a new one, often with more favorable terms.
Ordinary Income
Earnings derived from standard business operations and not classified as capital gains or dividend income.
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