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Exam F3 All Questions
Exam F3 All Questions

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CIMA Strategic F3 Question # 95 Topic 10 Discussion

F3 Exam Topic 10 Question 95 Discussion:
Question #: 95
Topic #: 10

The ex div share price of a company's shares is $2.20.

 

An investor in the company currently holds 1,000 shares.

 

The company plans to issue a scrip dividend of 1 new share for every 10 shares currently held.

 

After the scrip dividend, what will be the total wealth of the shareholder?

 

Give your answer to the nearest whole $.

 

 $ ?  .


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