Question
Omega Limited has declared a ten-for-one split. The pre-split share price is $100 per share. At the same time the company has decided to capitalise
Omega Limited has declared a ten-for-one split. The pre-split share price is $100 per share. At the same time the company has decided to capitalise reserves through a one-for-five bonus issue. Calculate the theoretical price of the share after the split and the bonus issue.
$9.09/ share
$9.50/ share
$9.92/ share
$10.00/ share
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Financial Accounting For Managers
Authors: Sanjay Dhamija
3rd Edition
978-9352868339
