find the market value of 12% $25 shares of a company which pays a dividend of $1875 on an investment of $20000
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FV = $25
investment = $20000
no. of shares (n) = ?
d% = 12%
d = FV × n × d% /100
= 25 × n × 12/ 100
1875 = 12n/4
n = 625
MV = 20000/ 625
= $32
investment = $20000
no. of shares (n) = ?
d% = 12%
d = FV × n × d% /100
= 25 × n × 12/ 100
1875 = 12n/4
n = 625
MV = 20000/ 625
= $32
Leofernandez:
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