Rs 100 share of a company are available in the market at premium at Rs20.find the rate of dividend given by the company, when the man's return on his investment is 10%.
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Nominal Value(N.V) : Rs.100
Return% : 10%
Premium : Rs.20
Market Value(M.V):
= Nominal Value + Premium
= 100+20
= Rs.120
Formula:
= M.V * Return% = N.V * Dividend%
= 120 * 10 = 100 * Dividend%
= 1200 = 100* Dividend%
=> Dividend% = 1200/100
= Dividend% = 12%
Rate Of Dividend = 12%
Return% : 10%
Premium : Rs.20
Market Value(M.V):
= Nominal Value + Premium
= 100+20
= Rs.120
Formula:
= M.V * Return% = N.V * Dividend%
= 120 * 10 = 100 * Dividend%
= 1200 = 100* Dividend%
=> Dividend% = 1200/100
= Dividend% = 12%
Rate Of Dividend = 12%
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