Total number of shares in Dhofar steel company are 10000 and each one is sold for RO 10. Mr. Ahmed invested RO 10000 in purchasing shares of the above company. Based on one share one vote, how much % of voting rights are with Mr. Ahmed? a. 10% b. 50% c.
Total number of shares in Dhofar steel company are 10000 and each one is sold for RO 10. Mr. Ahmed invested RO 10000 in purchasing shares of the above company. Based on one share one vote, how much % of voting rights are with Mr. Ahmed? a. 10% b. 50% c.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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15. Total number of shares in Dhofar steel company are 10000 and each one is sold for RO 10. Mr. Ahmed invested RO 10000 in purchasing shares of the above company. Based on one share one vote, how much % of voting rights are with Mr. Ahmed?
a.
10%
b.
50%
c.
90%
d.
None of the options
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