Question

The share of FV 100 is at a discount of 9%
1)What is the MV of the share? (2) If the
brokerage is rs1per share then what is the
investment to purchase 1 share?​

Answer 1

Answer:

MV=91

Share price total=92

Step-by-step explanation:

FV=100-(100×10%)

FV= 91

BROKER CHARGE PER SHARE RS1

THEREFORE

TOTAL INVESTMENT=MV+BROKER CHARGE

TOTAL=91+1

=92