A company has 10 000 shares issued, the maximum number it is permitted to issue, and 1000
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A company has 10 000 shares issued, the maximum number it is permitted to issue, and 1000 investment in own shares. Nominal value is €1.50 per share. Real value has always been €7 per share. What is the outstanding number of shares?LO1.
a. 11 000
b. 9000
c. 10 000
d. Not enough information to answer
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