In a bonus issue of one new share for every four held, a holder of 100,000 shares will get additional shares of
Question 1 Report
In a bonus issue of one new share for every four held, a holder of 100,000 shares will get additional shares of
Answer Details
A bonus issue is an offer made by a company to its shareholders to issue new shares for free, based on the number of shares they currently hold. In this case, the company is offering one new share for every four shares held. Therefore, for every 4 shares held, the shareholder will receive an additional share.
If the shareholder currently holds 100,000 shares, we can calculate how many additional shares they will receive by dividing their current shares by 4.
100,000 / 4 = 25,000
Therefore, the shareholder will receive 25,000 additional shares in the bonus issue.
The answer is 25,000.
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