Find out the investment required to get an income of $ 1938 from 91/2% – McqOptions

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1.	Find out the investment required to get an income of $ 1938 from 91/2% stock at 90 (Brokerage 1%).
A.	$ 19642.60
B.	$ 17543.00
C.	$ 18543.60
D.	$ 18600.60
Answer» D. $ 18600.60

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