An equity share of ₹ 100 face value is expected to earn an annual dividend of ₹ 11 and this share can be sold at price of ₹ 180 at the end of year. If the shareholder expects a yield of 12% on its investment, calculate t
CS Executive · Financial and Strategic Management · PYQS · December 2024
An equity share of ₹ 100 face value is expected to earn an annual dividend of ₹ 11 and this share can be sold at price of ₹ 180 at the end of year. If the shareholder expects a yield of 12% on its investment, calculate the price of equity share for which it should be bought.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Financial Management
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