Question: Catchworld ( Pty ) Ltd had 2 0 0 0 shares in issue. The total market value of the existing shares is R 2 0

Catchworld (Pty) Ltd had 2000 shares in issue. The total market value of the existing shares is R 200000. They then issued 400 new shares to new investors at R100 per share. What is the percentage control of the original shareholders after the issue of the new shares? Set your calculator to four decimal places for calculations and round your final answer to two decimal places. If slight rounding differences occur - choose the alternative that is closest to your answer.
(a)120,00%
(b)125,00%
(c)0,83%
(d)83,33%
Select one:
a.
83,33%
b.
125,00%
c.
120,00%
d.
0,83%

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