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Commerce · Q294

Insurance

Graduate and Post Graduate · Commerce · question 294

Q294

Which is true of Current Money method of dividend payment?

A.
Returns depend on when the investment was made
B.
Different investment blocks get different returns
C.
It is also called segmented or investment block method
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
All the above are true regarding current money method of dividend payment.
Returns depend on when the investment was made, Different investment blocks get different returns and It is also called segmented or investment block method.