Question

6. A business man wishes to accumulate 3000 shares of a company. However, he
already has some shares of that company valuing * 10 (nominal value) which
yield 10% dividend per annum and receive 2000 as dividend at the end of
the year. Write a program in Java to calculate the number of shares he has and
how many more shares to be purchased to make his target.

Hint: No. of share =Annual dividend*100/Nominal value*div%​

Answer 1

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