Question: Wayne is a shareholder in ABSA (Pty) Ltd. Tim, Gregory and Jack are part of the management of the business and each have received an

Wayne is a shareholder in ABSA (Pty) Ltd. Tim, Gregory and Jack are part of the management of the business and each have received an annual bonus of R400 000. The share price at the beginning of the year was R1,20 and at the end of the year (at the time the bonuses were paid), the price was R1,11. What would you call this phenomenon and why? (4)

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