2010,67. Sheela purchased 10-rupee (face value) shares from the ABC company at a market
price of Rs 75 per share. The company declares a dividend of 90 %. What is the rate
of return thai Sheela earns on her investment?
.) 90 %
(B) 9%
(C) 12%
(D) below 6%
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Answer:
l no the answer of this question
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Answer: C (12%)
Step-by-step explanation:
Rate of return = Income/investment × 100
Dividend is calculated based on the face value of share , in this case the face value is 10/-
Therefore 90% of 10 is 9 which is income in other words profit.
Investment is market value (here 75/-)
Therefore rate of return = 9/75 × 100
=0.12 ×100
= 12%
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