NABTEB Commerce 2022 Objective — Question 30
Question 30 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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When a share with a nominal value of N50 is quoted at N70, it is being sold
- A. Cum div
- B. ex-div
- C. at a discount
- D. at a premiumCorrect
Explanation
A share sold above its nominal value is said to be sold at a premium.
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