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How much money will be required to buy 200, Rs. 25 shares at a premium of Rs. 2? |
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Answer» Nominal value of 1 share = Rs. 25 Market value of 1 share = Rs. 25 + Rs. 2 = Rs. 27 No. of shares purchased = 200 Money required to buy 200 shares = Rs. 27 × 200 = Rs. 5,400 Ans. |
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