The price of 9%share with face value R's. 100,that gives 12%income
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Answered by
12
Answer:
Rs. 75
Step-by-step explanation:
Use the formula
Div% of F.V = Return % of M.V.
here M.V. is market value
F.V. is the face value or nominal value = Rs. 100
Div% is the dividend percent = 9%
Return% or the income percent = 12%
Answered by
3
Answer:
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