A 6-percentage-point stock produces an 8-percentage-point yield. The stock's current market value is:
A. Rs. 48
B. Rs. 75
C. Rs. 96
D. Rs. 133.33
Answer:B
A 6-percentage-point stock produces an 8-percentage-point yield. The stock's current market value is:
A. Rs. 48 B. Rs. 75 C. Rs. 96 D. Rs. 133.33
Explanation: Investment = Rs. 100 for an income of Rs. 8.Investment = Rs. 100/8x 6 = Rs. 75 for a Rs. 6 income.A stock worth Rs. 100 has a market value of Rs. 75.