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Calculate the theoretical market value per ordinary share

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Question - Q Ltd, which has an issued share capital of 1,000 ordinary shares makes a bonus issue. The market value of the company's ordinary shares just before this issue was shs6.00 per share. Calculate the theoretical market value per ordinary share after the bonus issue has been made, assuming that the issue comprises:

(i) a 1 for 2 bonus issue

(ii) a 1 for 5 bonus issue

(iii) a 3 for 1 bonus issue

Reference no: EM133172637

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