Nikita invests Rs 1680 in buying 62.5 shares each of nominal value Rs 24 selling at % premium.

i) Calculate the value of

ii) Calculate the percentage return on the investment, if 14% dividend is declared.

12,12.5%

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12,12%

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13,12.5%

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12,13.5%

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Solution

The correct option is A
12,12.5%

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Nikita invests Rs 1680 in buying 62.5 shares each of nominal value Rs 24 selling at % premium. i) Calculate the value of ii) Calculate the percentage return on the investment, if 14% dividend is declared.

The correct option is A 12,12.5%

Nikita invests Rs 1680 in buying 62.5 shares each of nominal value Rs 24 selling at % premium.

i) Calculate the value of

ii) Calculate the percentage return on the investment, if 14% dividend is declared.

The correct option is A
12,12.5%