Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question.
Each question is worth 2 marks
TKQ Co has just paid a dividend of 21 cents per share and its share price one year ago was $3·10 per share. The total shareholder return for the year was 19·7%.
What is the current share price?
A $3·50
B $3·71
C $3·31
D $3·35
Answer：
A
Monetary value of return = $3·10 x 1·197 = $3·71
Current share price = $3·71 – $0·21 = $3·50
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