Waec Model Questions Vol1 2021 Commerce Question 14
Practice objective / multiple choice question 14 from the 2021 Waec Model Questions Vol1 Commerce examination.
An investor bought 200 shares of Company X at ₦150 each. During the year the company declared a 10% stock dividend and a cash dividend of ₦5 per share. After the stock dividend the market price per share adjusts proportionally. At year‑end the share price is ₦180. The investor sells 150 shares at the year‑end price. Determine (i) the total cash received from dividends, (ii) the average cost per share after the stock dividend, (iii) the capital gain on the shares sold, and (iv) the overall return on investment, expressed as a percentage (total cash received + market value of remaining shares - initial investment) ÷ initial investment × 100.
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About This Question
This is Waec Model Questions Vol1 2021 Commerce Question 14. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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