Examveda
Examveda

Paid dividend is Rs 20 and dividend yield is 40% then current price would be

A. 60.00%

B. Rs 60.00

C. Rs 50.00

D. 2.00%

Answer: Option C

Solution(By Examveda Team)

Current price = Paid dividend / Dividend yield percentage
= Rs. 20 / 40% = Rs. 50.00

This Question Belongs to Commerce >> Financial Management

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