Question

on the death of a shareholder, director of a private company seek your advice for valuation of the shares of deceased shareholder. the rate of dividend in the last 3 years were as : 10%, 15% and 12.5% you estimate the average rate of dividend of last three years is 6.25%, the value of shares, (each share is of RS 100) should be treated as par. for every additional 1/4 % ( 0.25%) rate of dividend, the par value of share will increase by rs 3.50. what will be the value of share of deceased shareholder? ​

Answer 1

Answer:

875.0

Explanation:

of one fourth shares