A 12-percentage-point stock with a 10-percentage-point yield is valued at:
A. Rs. 83.33
B. Rs. 110
C. Rs. 112
D. Rs. 120
Answer:D
A 12-percentage-point stock with a 10-percentage-point yield is valued at:
A. Rs. 83.33 B. Rs. 110 C. Rs. 112 D. Rs. 120
Explanation: To earn Rs. 10, you'll need to invest Rs. 100.Money invested = Rs.100/10x 12 = Rs.120 to earn Rs.12.The market value of a stock worth Rs. 100 is Rs. 120.