An investor purchases 100 shares of a company at a price of 60. At the end of

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An investor purchases 100 shares of a company at a price of ₹60. At the end of one year, he gets a dividend of ₹5 per share and sells the share in the market at a price of ₹67 per share after one year. Calculate the return on equity.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Dec 15, 2023 11:39 PM

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Financial Accounting

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