Question

Amit bought 24 shares of fv 3000, 8% dividend was declared 100 by investing on shares. Find (1) the mv of the share

Answer 1

The market value i.e., the MV of the share is Rs. 125 and also the dividend earned on 24 shares is Rs. 192.

Step-by-step explanation:

The number of shares Amit had bought = 24

The face value of shares = Rs. 100

Investment done on the shares = Rs.3000

The rate of dividend = 8  %

Therefore,

The Market Value (MV) of each share is given by,

= $\frac{3000}{24}$

= Rs. 125

Since 8% dividend was declared on the shares and we always calculate dividend on face value of a share, so,

The dividend earned per share will be,

= [rate of dividend] * F.V.

=  (8/100)*100

= Rs. 8

∴ The dividend earned on 24 shares will be = 24 * Rs. 8 = Rs.192

----------------------------------------------------------------------------------------

Also View:

Prashant bought 50 shares of fv 100 having mv rs180 company gave 40%dividend on the share find the return investment

https://brainly.in/question/6506008

Amit Kumar invests Rs.36,000 in buying Rs.100 shares at Rs.20 premium. The dividend is 15% per annum.

https://brainly.in/question/8087063

160 shares of face value Rs. 100 were purchased when the market value was Rs. 120. Company  had declared 20% dividend. Find the rate of return on the investment.

https://brainly.in/question/13613377