Question

T
20. A man invests * 20,020 in buying shares of
N.V. 26 at 10% premium. The dividend on
the shares is 15% per annum. Calculate :
(i) the number of shares he buys.
(ii) the dividend he receives annually.
(iii) the rate of interest he gets on his money.​

Answer 1

Answer:

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Step-by-step explanation:

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