Question

A company has 10,000 shares of Rs. 100 each. The capitalisation rate is 12%. Income before tax is Rs. 1,50,000 Tax rate is 30%. Dividend pay-out ratio is 60%.
The company has to take up a project costing Rs 4,00,000. The amount to be raised by issue of new equity share if dividend is paid would be
ORs 4,00.000
Rs. 300.000
Rs. 2.32.000
None of the above

Answer 1

Answer:

3rd

Step-by-step explanation:

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