Question:
A 6% stock yields 8%. The market value of the stock is:
[A].Rs. 48
Rs. 75
Rs. 96
Rs. 133.33
A 6% stock yields 8%. The market value of the stock is:
[A].
[B].
[C].
[D].
Answer: Option B
Explanation:
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6, investment = Rs. | 100 | x 6 | = Rs. 75. | ||
8 |
Market value of Rs. 100 stock = Rs. 75.