4. A company has the following capital structure: Equity share capital (*100/share) Share premium Reserves and surpluses
Question:
4. A company has the following capital structure: Equity share capital (*100/share) Share premium Reserves and surpluses 200 300 300 The company's market price per share is *150. It declares a bonus issue of shares in the ratio of 1:3 to ordinary shareholders. What is the effect on the share price after the issue of bonus share?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: