Question

Question -5. (b)


Please fast

Answer 1

Step-by-step explanation:

Nominal value of share = 50 Rs

Market value of a share = 60 Rs

Income = 450 Rs

Rate of dividend = 10%

As,

Income = n* NV*Div% /100

450 = n*50*10

100

450*100=n

50*10

n= 90

No. of shares= 90

His Investment = n* MV

= 90*60

= 5400 Rs

Yield Percent = Income * 100

Investment

= 450 * 100

5400

= 8.33

= 8%