Question

(ii) 50 Tata Mills 4% (6) shares at 6.25. find the annual dividend
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Answer 1

Step-by-step explanation:

Given (ii) 50 Tata Mills 4% (6) shares at 6.25. find the annual dividend

• Given we need to find the annual dividend on 50 tata mills.
• First we need to find the nominal value.
• 50 tata mills Nominal value will be Rs 50 x 6 = Rs 300
• Rate of dividend = 4%
• Now Annual Dividends on Shares = Nominal value of shares x Rate of dividend / 100
•                                                                = 300 x 4 / 100
•                                                                    = Rs 12

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Answer 2

Answer:

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