Find the market price of 12% ,₹25 shares of a company which pays a dividend of ₹1875 on an investment of ₹20000.
Answers
Answered by
15
Given:
Nominal value = 25
Rate of dividend = 12%
Dividend = 1875
Investment = 20000
now,
n=20000/25
n=800
Dividend = (NRF)/100
1875 = (800×12×F)/100
1875 = 8×12×F
F = 1875/(8×12)
F = 19.53
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Answered by
0
Answer:
n. v =25
r.of .d=12%
d=1875
i=20000
now
n=20000/25
n=80
d=(NRF)/100
1875=(800×12×F)100
1875=8×12×F
F=1875/(8×12)
now the market price is=1953
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