An investor purchases 100 shares of a company at a price of 213., At the end of

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An investor purchases 100 shares of a company at a price of ₹213., At the end of one year, he/she gets a dividend of ₹6.50 per share and sells the share in the market at a price of ₹257 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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