Waec Model Questions Vol1 2017 Commerce Question 16
Practice objective / multiple choice question 16 from the 2017 Waec Model Questions Vol1 Commerce examination.
A trader bought 200 shares of Company A at \(\₦150\) per share and 150 shares of Company B at \(\₦240\) per share. After six months Company A announced a 3‑for‑1 stock split and paid a dividend of \(\₦5\) per share (post‑split). At the same time Company B's share price fell to \(\₦210\) and the trader sold 80 of its shares. After another three months the market price of Company A is \(\₦55\) per share and Company B is \(\₦225\) per share; the trader sells all remaining shares. What is the overall percentage profit or loss on the whole investment, including the dividend received?
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About This Question
This is Waec Model Questions Vol1 2017 Commerce Question 16. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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