Stock exchange quoted the shares of ABC Plc at #0.75K for #1.25K per share. This means the shares were sold at a
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Correct Answer: Option D
Explanation:
The shares were quoted at ₦0.75K while the stated value was ₦1.25K per share. Since the selling price is lower than the stated value, the shares were sold at a loss.
The shares were quoted at ₦0.75K while the stated value was ₦1.25K per share. Since the selling price is lower than the stated value, the shares were sold at a loss.