Question

Anna has 60 shares of nominal value ₹100. She decided to sell them when they are at a premium of 60%. She invests the proceeds in shares of nominal value ₹50 quoted at 4% discount paying 18% dividend annually. Find the following: The number of shares she buys = The annual dividend from these shares = ₹

Answer 1

Answer:

She invests the proceeds in shares of nominal value ₹50 quoted at 4% discount paying 18% dividend annually. Find the following: The number ...