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

question 21

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) \(\$ 2.00\)
• B) \(\$ 5.00\)
• C) \(\7.50\)
• D) \(\$ 8.00\)

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