A man sells 4000 common shares of a Company x (each of par value Rs – McqOptions

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1.	A man sells 4000 common shares of a Company x (each of par value Rs. 10), which pays a dividend of 40% at Rs. 30 per share. He invests the sale proceeds in ordinary shares of Company Y (each of par va
A.	8000
B.	12000
C.	16000
D.	None of these
Answer» B. 12000

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