Question

A man invested rs 250000 in a 5% stock at 14% discount find his yield percentage at the en

Answer 1

playstore-allo.................

Answer 2

Step-by-step explanation:

1. Let Face Value= 100

discount= 14% of 10 = 14

market value= 100 -14 = 86

no. of shares = 25800/86 = 300

2. % dividend/ yield = (5/86) X 100

= 5.81 %