An investor purchases 100 shares of a company at a price of 160, whereas face value per

Question:

An investor purchases 100 shares of a company at a price of ₹160, whereas face value per share is ₹10, he/she expects to get 90% dividend at the end of one year and expected market price at the end of the year is ₹180. Calculate the return on equity.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

Question Posted: