Multiple Choice
A shareholder in Company C owns 1,000 shares bought for $1 each.The company decides to make a bonus issue of one new share for every two existing shares held.How many shares does the shareholder now have in Company C?
A) 2,000 shares.
B) 1,500 shares.
C) 500 shares.
D) 1,000 shares.
Correct Answer:
Verified
Correct Answer:
Verified
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