1,000 shares trade at Rs 20 and 250 new shares are issued at Rs 12. Theoretical diluted price is?
ARs 16.0
BRs 18.4
CRs 19.2
DRs 17.5
Answer & Solution
Correct answer: B. Rs 18.4
(1000 x 20 + 250 x 12) / 1250 = 23,000 / 1250 = Rs 18.4.
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