received25 By investing í¨ 1440 in a company paying 10% dividend,

1.	received25 By investing í¨ 1440 in a company paying 10% dividend, an annual income on520 is50 share?What is the market value of each
Answer» Total investment = Rs. 11440rate of dividend = 10%annual income = Rs. 520nominal value = Rs. 50 therefore, no. of shares = 520 × (100/10) × (1/50)= 104 shares market value = 11440/104= Rs. 110

received25 By investing í¨ 1440 in a company paying 10% dividend, an annual income on520 is50 share?What is the market value of each

Answer»

Total investment = Rs. 11440rate of dividend = 10%annual income = Rs. 520nominal value = Rs. 50

therefore, no. of shares = 520 × (100/10) × (1/50)= 104 shares

market value = 11440/104= Rs. 110