If a '3 for 2' bonus issue is made to a shareholder who originally paid 2 per

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If a '3 for 2' bonus issue is made to a shareholder who originally paid £2 per share for 10,000 shares, how much would the shareholder pay for the bonus shares if the current market value is £4 per share?

a. £30,000

b. £60,000

c. £45,000

d. Nothing - the shares are free

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Introduction To Accounting And Finance

ISBN: 9780273711629

2nd Edition

Authors: Geoff Black

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Question Posted: May 31, 2024 10:04 AM

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If a '3 for 2' bonus issue is made to a shareholder who originally paid 2 per

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Introduction To Accounting And Finance

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