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1. |
John buys 100 shares of par value Rs. 5 each, of a company, which pays an annual dividend of 12% at such a price that he gets 10% on his investment. Find the market value of a share. |
A. | Rs.6 |
B. | Rs.12 |
C. | Rs.4 |
D. | Rs.8 |
Answer» B. Rs.12 | |