Arup buys rs.20 shares paying 9% dividend. arup wants to have an interest of 12%
Answers
Answered by
2
The market value of each share will be ₹15
Explanation:-
Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.
Rs. 12 is an income on Rs. 100.
Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.
I think you got it.
Thanks, your truly, akki
Explanation:-
Dividend on Rs. 20 = Rs. (9/100)x 20 = Rs.9/5.
Rs. 12 is an income on Rs. 100.
Rs.9/5 is an income on Rs.[ (100/12) x (9/5)] = Rs. 15.
I think you got it.
Thanks, your truly, akki
Similar questions