lf face value of ashare is ₹ 10 and market value si₹12 then fill the boxes to calculate the rate of return if the company declared 18% dividend
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Answer:
FV = 10
Share=600
TOTAL AMOUNT = 600×10
= 6000
DIVIDEND= 16%
DIVIDEND INCOME = 16 % OF TOTAL AMOUNT
16/100× 6000
960
Income= rs 960
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