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Which of the Following Is Not a Reason for a Company

Question 20

Multiple Choice

Which of the following is not a reason for a company making a bonus issue of shares?


A) To use cash.
B) As a signal to the market of the company's confidence in its future.
C) To reduce its share price when it has become too high.
D) None of the above, i.e., all are reasons for making a bonus issue.

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