Question

An investor owns 5 000 IBM shares, with a market value of R230 per share. If...

An investor owns 5 000 IBM shares, with a market value of R230 per share. If IBM has a 3-for-1 subdivision, the shares that the investor now owns are valued at?

R689.86

R690.28

R76.67

R57.50

0 0
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Answer #1

Tatal market value = 5000 x 23. a 1,150,000 No.of shares after subdivision sooo x3 a 15000 shares. os market price per share

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