A man buys Tk. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is :
Tk. 12
Tk. 18
Tk. 15
Tk. 21
None of them
Description (বিবরণ) :
প্রশ্ন: A man buys Tk. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is :
ব্যাখ্যা:
Hints, Without 9% dividend the share price is = 20 - 20 × 9% = 20 - 1.8 = 18.2
with 12% interest the market value is = 18.2 + 18.2 + 12% = 18.2 + 2.184 = 20.384 = 21
