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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 R

17.00

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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