find the dividend for 700 shares of rs 10 each at 8%
Answers
Step-by-step explanation:
In the given problem, we need to calculate the investment required to buy shares.
(a) 500 shares of Rs. 75 each at a premium of Rs. 17
Here,
Number of shares = 500
Nominal value of a share (N.V.) = Rs. 75
Premium (P) = Rs. 17
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(b) 315 shares of Rs. 60 each at a premium of Rs. 12
Here,
Number of shares = 315
Nominal value of a share (N.V.) = Rs. 60
Premium (P) = Rs. 12
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(c) 600 shares of Rs. 25 each at a discount of Rs. 3
Here,
Number of shares = 600
Nominal value of a share (N.V.) = Rs. 25
Discount (D) = Rs. 3
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(d) 425 shares of Rs. 10 each at a discount of Rs. 1.5
Here,
Number of shares = 425
Nominal value of a share (N.V.) = Rs. 10
Discount (D) = Rs. 1.5
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(e) 250 shares of Rs. 20 each at par
Here,
Number of shares = 250
Nominal value of a share (N.V.) = Rs. 20
At par means that the market value of the share is equal to the nominal value of the share.
So,
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(f) 150 shares of Rs. 100 each at a premium of 12%
Here,
Number of shares = 150
Nominal value of a share (N.V.) = Rs. 100
Premium (P) = 12% of the N.V.
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(g) 220 shares of Rs. 75 each at a premium of 15%
Here,
Number of shares = 220
Nominal value of a share (N.V.) = Rs. 75
Premium (P) = 15% of the N.V.
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(h) 340 shares of Rs. 125 each at a discount of 20%
Here,
Number of shares = 340
Nominal value of a share (N.V.) = Rs. 125
Discount (D) = 20% of the N.V.
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(i) 750 shares of Rs 100 each at a discount of 24%
Here,
Number of shares = 750
Nominal value of a share (N.V.) = Rs. 100
Discount (D) = 24% of the N.V.
Let us first calculate the market value (M.V.) of the share. It is calculated by the following formula:
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.
(j) 116 shares of Rs. 125 each at par
Here,
Number of shares = 116
Nominal value of a share (N.V.) = Rs. 125
At par means that the market value of the share is equal to the nominal value of the share.
So,
Next, we find the investment required to buy these shares. This is calculated by the following formula:
.