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11. Which of the following statements concerning a bonus issue is correct? (A) The new shares are issued at par value (B) Earnings per share
11. Which of the following statements concerning a bonus issue is correct?
(A) The new shares are issued at par value
(B) Earnings per share would be expected to rise
(C)The main purpose of a bonus issue is to raise finance
(D) The bonus shares do not carry voting rights
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