1.

A dividend of 12% was declared on Rs 150 shares selling at a certain price. If the rate of return is 10%, calculate : (i) the market value of the shares. (ii) the amount to be invested to obtain an annual dividend of Rs 1,350.

Answer»

A dividend of 12% was declared on Rs 150 shares selling at a certain price. If the rate of return is 10%, calculate :

(i) the market value of the shares.

(ii) the amount to be invested to obtain an annual dividend of Rs 1,350.



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