Question: ABC Ltd is looking to expand their operations. They decide to raise the 75,000 needed by issuing 60,000 shares with a nominal value of 1

ABC Ltd is looking to expand their operations. They decide to raise the 75,000 needed by issuing 60,000 shares with a nominal value of 1 per share. What is the total share premium of this issue? A: 75,000 B: 60,000 C: 45,000 D: 15,000

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