If the face value of a share is ` 10 and it is trade at a 23% premium, then its market price is _____.
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The part of the annual profit of a company distributed among its shareholders is called dividend. The dividend is always declared by the company on the face value (FV) of a share irrespective of its market value. The rate of dividend is expressed as a percentage of the face value of a share per annum.
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