

MCQOPTIONS
Saved Bookmarks
1. |
Brij has 800 shares of par value Rs. 50 each and 600 debentures of par value Rs. 100 each of the company. The company pays an annual dividend of 6% on the shares and interest of 12% on the debentures. Find the total annual income of Brij and rate of return on his investment? |
A. | Rs. 9600, 9.6% |
B. | Rs. 10600, 10.6% |
C. | Rs. 8000, 8% |
D. | Rs. 9000, 8.6% |
Answer» B. Rs. 10600, 10.6% | |