1.

Plz do this( shares and dividend)

Answer»

GIVEN,

Investment = RS. 8800

FV = Rs. 100

Premium = 10 %

So,

MV = 100 + 10%100

MV = 100 + 10

MV = Rs. 110

1)--

Number of SHARES = Investment \ MV on one share

Number of shares =8800 / 110

Number of shares = 80.

2)--

Dividend = Rs. 1200

Annual dividend = (Number of shares × Dividend % × FV) \100

Annual dividend = 80 × DIVIDENT % × 100 /100

1200= 80 × Divident %

1200 /80 = Dividend %

Dividend % = 15 %



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