Question：Shares in Tango plc are quoted at 150 - 160p.
The highest and lowest marked bargains were 148p and 156p.
If the shares are gifted, their value, per share, for capital gains purposes would be:
The correct answer is: B
Valuation is lower of:
- Lower quoted price + 0.25 x (higher quoted price - lower quoted price)
150 + 0.25 x (160 - 150) = 152.5
- The average of the highest and lowest marked bargains
(148 + 156) / 2 = 152