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PIY ltd has 5 0 million shares in issue trading at R 1 7 . 0 0 per share. Calculate what PIY LTD share price

PIY ltd has 50 million shares in issue trading at R17.00 per share.
Calculate what PIY LTD share price will be after a scrip dividend, if the directors decide to offer a 1 for 4 scrip dividend to shareholders.

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