the FV of a share is rupees 100 .it is at premium of 5%. what is its MV?
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MV = 105 Rs if the FV of a share is rupees 100 and premium = 5 %
Step-by-step explanation:
FV of a share is rupees 100
FV - Face Value
Face Value of a share= Rs 100
MV = Market Value
MV = FV + Premium or FV - Discount
Here Premium = 5 %
5 % Premium = ( 5/100) FV = (5/100)100 = 5
MV = 100 + 5
=> MV = 105 Rs
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