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A dividend of 13 % was declared on ₹ 100 shares selling at a certain price. If the rate of return is 6.5 % ,calculate (i) the market value of the shares (ii) the amount to be invested to obtain an annual dividend of ₹ 3900 |
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Answer» A dividend of 13 % was declared on ₹ 100 shares selling at a certain price. If the rate of return is 6.5 % ,calculate (i) the market value of the shares (ii) the amount to be invested to obtain an annual dividend of ₹ 3900 |
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