Sovereign Ltd has an issued capital of 300,000,000 shares sold at $2 each. Aman holds 9,000 shares. If Sovereign Ltd makes a 1 for 3 bonus issue, how many bonus shares will Aman acquire?
A) 3,000 shares.
B) 1,800 shares.
C) 2,000 shares.
D) 9,000 shares.
Correct Answer:
Verified
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