Question No. 9
Following details are extracted
from the records of a company: 2000
9% Preference Shares of 100 each
2,00,000 50,000 Equity shares of 10
each, 8 per share paid up 4,00,000
Expected Profit 2,18,000 Tax Rate 40%
Transfer to general reserve 20%
Normal rate of earning 15% Yield
value per share is.?
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