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Commerce · Q1813

Accounting

Graduate and Post Graduate · Commerce · question 1813

Q1813

On issue of shares, the application money should not be less than

A.
2.5% of the nominal value of shares
B.
2.5% of the issue price of shares
C.
5.0% of the nominal value of shares
Answer
D.
5.0% of the issue price of shares

Answer: Option C

Solution

Answer: Option C
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