Question

A DIVIDEND OF 9 % WAS DECLARED ON RUPEES 100 SHARES SELLING AT CERTAIN PRICE IF THE RATE OF RETURN IS 7.5 . FIND THE 1ST ONE THE MARKET VALUE OF THE SHARE . 2ND ONE THE AMOUNT TO BE INVESTED TO OBTAIN ANNUAL DIVIDEND OF RUPEES 630

Answer 1

Answer:

Dividend yield is 7.5% .So

market value MV=(9/7.5)*100

Step-by-step explanation:

So MV=(6/5)*100

=120 ANSWER.

(2) If 630 is to be obtained as dividend, we should get 630/9 dividends

=70 dividends

or dividend on 70 shares.

And Market Value=120

So we have to invest

70*120

=₹8400 ANSWER.

Answer 2

sol. 8400 is the answer