If face value of a share is rupees 10 and market value is rupees 12, then fill the boxes to calculate the rate of return if the company declared 18 % dividend .
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Answered by
6
Answer:
Step-by-step explanation:
no of shares = 200
FV = 10
MV = 12
1) investment = 12 x 200 = 2400
2) dividend = 200 x 10 x 15/100 = 300
3) % return
= 300 x 100/2400 %
= 25/2 %
= 12.5 %
Answered by
5
Answer:
Step-by-step explanation:
no of shares = 200
FV = 10
MV = 12
1) investment = 12 x 200 = 2400
2) dividend = 200 x 10 x 15/100 = 300
3) % return
= 300 x 100/2400 %
= 25/2 %
= 12.5 %
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