?
A 6% stock yields 8%. The market value of the stock is:
Answer & Solution
Correct Answer:
Option
B
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6,
investment =
$$\eqalign{ & Rs.\,\left( {\frac{{100}}{8} \times 6} \right) \cr & = Rs.\,75 \cr} $$
∴ Market value of Rs. 100 stock = Rs. 75.
For an income of Rs. 6,
investment =
$$\eqalign{ & Rs.\,\left( {\frac{{100}}{8} \times 6} \right) \cr & = Rs.\,75 \cr} $$
∴ Market value of Rs. 100 stock = Rs. 75.
Join the Discussion
Login to post a comment or share your explanation.
Login