Same chapter4 marksDifficulty: Medium
A man holds 500 shares of nominal value ₹10 bought at ₹16 each. If the dividend is 8%, find his percentage return.
Shares and Dividends
3 marksDifficulty: Medium
A share of nominal value ₹100 is quoted at ₹100. What is such a share said to be quoted at, and what does it mean for the buyer?
Original Khojo Papers practice question — not from a past board paper.
Answer
It is said to be quoted at par. The buyer pays exactly the nominal value of the share, so the percentage return on the investment is equal to the rate of dividend declared by the company.
No citable source has been recorded for this record. Treat it as practice material, not as fact.
Explanation
Above par is a premium and below par is a discount.
Related questions
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Shares and Dividends
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Shares and Dividends
Same chapter4 marksDifficulty: Medium
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