Question

Amit bought 24 shares of FV 100 by investing 3000,8% dividend was declared on shares. Find
(1) the MV of the share (2) dividend received (3) the rate of return on investment.
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Answer 1

Step-by-step explanation:

(1)the MV of the share = 3000÷ 24 = 125

(2)dividend received =8/100× 100× 24= 192

(3) rate of investment = 192 / 3000 ×100=6.4

Answer 2

Answer:

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