Waec Model Questions Vol1 2019 Commerce Question 13
Practice objective / multiple choice question 13 from the 2019 Waec Model Questions Vol1 Commerce examination.
An investor purchases 100 shares of XYZ Ltd at ₦250 each and later buys another 150 shares at ₦300 each. XYZ then announces a 2‑for‑1 stock split. After the split the investor sells 200 shares at ₦210 each. What is the investor's net profit (in naira) from these transactions?
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About This Question
This is Waec Model Questions Vol1 2019 Commerce Question 13. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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