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Company ABC Has a Share Price of $10 and Has $2.00\$ 2.00

Question 26

Multiple Choice

Company ABC has a share price of $10 and has 400 000 shares on issue.If the company makes a bonus issue of 100 000 additional shares,calculate the ex-bonus price of shares in ABC.


A) $2.00\$ 2.00
B) $5.00\$ 5.00
C) \7.50\7.50
D) $8.00\$ 8.00

Correct Answer:

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