A 9% stock yields 8%. The market value of the stock is__________?
A. Rs. 72
B. Rs. 116.50
C. Rs. 90
D. Rs. 112.50
To get Rs. 8, investment = Rs. 100
To get Rs. 9, investment = Rs. 100/8 * 9 = Rs. 112.50.
Market value of Rs. 100 stock = Rs. 112.50.
A 9% stock yields 8%. The market value of the stock is__________? Read More »
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