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Commerce · Q881

Financial Management

Graduate and Post Graduate · Commerce · question 881

Q881

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
Answer
D.
2.00%

Answer: Option C

Solution

Answer: Option C
Solution:
Current price = Paid dividend / Dividend yield percentage
= Rs. 20 / 40% = Rs. 50.00