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What the number of shares based on your net income

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Reference no: EM133061170

Question - You own 10,000 BAT shares. BAT announces a dividend re-investment plan giving shareholders the choice of electing

- cash income at a rate of 50.75p per share, or

- securities at a re-investment price of £28.329107 per share.

Ignoring transaction costs, what the number of shares based on your net income entitlement?

Reference no: EM133061170

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