A public company has 2 000 000 ordinary shares of 50k eac...
A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.
If the shares were fully subscribed, calculate the issued capital?
N4 000 000
N2 000 000
N1 000 000
N500 000
Correct answer is D
No explanation has been provided for this answer.
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