3. Investor buy shares of Rs. 100 at premium of Rs. 400. Company declares
dividend of 30%. He sells the shares after receiving the dividend for Rs 700.
What is the rate of return?
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9
Answer:
PLZ MARK IT AS BRAINLIEST
Explanation:
FV=100
PREMIUM=400
MV=500
DIVIDEND=DIVIDEND RATE *FV
= 30/100*100
=30
ROR. =DIVIDEND/MV *100
= 30/500*100
= 6%
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