A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is: ?->(Show Answer!)

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A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is: ?->(Show Answer!)

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1. A man buys Rs. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is:

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By: guest on 01 Jun 2017 05.49 pm

Dividend on Rs. 20 = Rs. 9 x 20 = Rs. 9 . 100 5 Rs. 12 is an income on Rs. 100. Rs. 9 is an income on Rs. 100 x 9 = Rs. 15. 5 12 5

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