Assume that face value = Rs.100 Dividend per share = Rs.7 (as it is 7% stock) By investing Rs.6000, earnings = Rs.420 To get an earning of Rs.7, investment required = (6000*7)/420 = Rs.100 market value of Rs. 100 stock = Rs.(100- 3/4) = Rs.99.75
What is the market value of a 8.5% stock, in which an income of Rs. 341 derived by investing Rs. 3900, brokerage being 3/4%?
The market value of a 7.5% stock, in which an income of Rs 143 is derived by investing s 1700, brokerage being 1/2% is
