If the face value of a share is ₹40 and the MV is 12% above the FV, then which of the following statements is correct?
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1
Answer:
you have to do it like this
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2
Answer:
it is at premium of rs 4.8
Step-by-step explanation:
share price = fv +mv
40 + 12% of 40 = 40 + 4.8
share is at premium
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