If a share of nominal value of Rs. 100 is selling at Rs. 300 then the share is
A
above par
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
below par
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
at par
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
dividend
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C above par If a share of nominal value of Rs. 100 is selling at Rs. 300, then obviously the share is above par because selling value is greater than nominal value.