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Dividend

Market value ...

Question

Market value of shares is $R s .33$ . Premium per shares is $10$ %. Dividend percentage is $15$ %. Find dividend per share.

4.5

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Solution

The correct option is A $4.5$
$M V = P V (1 + \frac{p r e m i u m}{100})$
$P V = \frac{33 \times 100}{110}$ ; $P V = 30$
Dividend per share $= D i v$ % $\times$ Par value $= \frac{15 \times 30}{100} = 4.5$

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