CIMA Financial Strategy F3 Question # 9 Topic 1 Discussion

CIMA Financial Strategy F3 Question # 9 Topic 1 Discussion

F3 Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

The ex div share price of Company A’s shares is $.3.50

An investor in Company A currently holds 2,000 shares.

Company A plans to issue a script divided of 1 new shares for every 10 shares currently held.

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

Give your answer to the nearest whole $.

F3 Question 9


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