Question

(3) Joseph purchased following shares, Find his total investment.
Company A: 200 shares, FV = 32
Premium = 18.
Company B : 45 shares, MV = 3500
Company C : 1 share, MV = 10,540.​

Answer 1

Answer:

Joseph total investment = Rs 37040

Explanation:

FV - Face Value

FV - Face ValueMV - Market Value

FV - Face ValueMV - Market ValueMV = FV + Premium

Purchases :

Company A 200 Shares   FV = rupees 2 Premium = rupees 18.

MV = 2 + 18 = 20

Investment in company A = 200 * 20  = Rs 4000

Company B : 45 shares, MV = rupees 500

investment in company B = 45*500 = Rs 22500

Company C : 1 share, MV = rupees 10,540

investment in company C = 1*10540 = Rs 10540

Total investment = 4000 + 22500 + 10540  = Rs 37040

Joseph total investment = Rs 37040

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Answer 2

Answer:

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