Advertisements
Advertisements
Question
At what price should a 9% Rs 100 share be quoted when the money is worth 6%?
Sum
Advertisements
Solution
If interest is 6 then investment = Rs. 100
and if interest is 9, then investment
= Rs. `(100 xx 9)/(6)`
= Rs. 150
Market value of each share = Rs. 150
shaalaa.com
Is there an error in this question or solution?
