At what price should I buy a share whose face value is Rs.200 and pays dividend of $9 %$ , so that my yield is $12 %$

Rs. 75

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Rs. 120

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Rs. 150

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Rs. 180

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Rs. 175

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Solution

The correct option is C Rs. 150
Let the required price be Rs. x

Dividend = $9 %$ of Rs. 200 = Rs. 18

0.12x = 18 $\Rightarrow$ x = Rs. 150

Hence option (c)

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At what price should I buy a share whose face value is Rs.200 and pays dividend of 9%, so that my yield is 12%

The correct option is C Rs. 150Let the required price be Rs. x Dividend = 9% of Rs. 200 = Rs. 18 0.12x = 18 ⇒ x = Rs. 150 Hence option (c)

At what price should I buy a share whose face value is Rs.200 and pays dividend of $9 %$ , so that my yield is $12 %$

The correct option is C Rs. 150
Let the required price be Rs. x

Dividend = $9 %$ of Rs. 200 = Rs. 18

0.12x = 18 $\Rightarrow$ x = Rs. 150

Hence option (c)