Question

A company declare a dividend of 15percent on a share whose face value is Rs 100 and market value is Rs 140. ​

Answer 1

dividend = rate × FV
=15% of 100
= Rs 15

Answer 2

One Company declare 15% dividend on mv = Rs.140.

Dividend = 15÷140*100 = 10.71 %

Therefore, he got 10.71 %.

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