QUESTION IS IN ATTACHED PICTURE
Attachments:
Answers
Answered by
3
ANSWER
HERE, Total investment = Rs. 29,040
Nominal value of 1 share = Rs. 100
Market value of 1 share = Rs. 100 + 20% of Rs. 100 = Rs. 100 + Rs. 20 = Rs. 120 ∴ No of shares purchased = 29,040/120 = 242 shares. Nominal value of 242 shares = Rs. 100 × 242 = Rs. 24,200 Dividend% = 15% Dividend = 15% of Rs. 24,200.
Answered by
3
MATE
YOUR SOLUTION IS IN ATTACHED PICTURE ☺️
Attachments:
Similar questions
Music,
6 months ago