Which is better investment, 12% stock at par with an income tax at the – McqOptions

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1.	Which is better investment, 12% stock at par with an income tax at the rate of 5 paise per rupee or $$14\frac{2}{7}\% $$stock at 120 free from income tax ?
A.	2% stock
B.	$14\frac{2}{7}\ $$% stock
C.	oth are equally good
D.	annot be compound
Answer» C. oth are equally good

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