An investor purchases 100 shares of a company at a price of 320, whereas face value per

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An investor purchases 100 shares of a company at a price of ₹320, whereas face value per share is ₹10. He/she expects to get 120% dividend at the end of one year and expected market price at the end of the year is ₹380. Calculate the return on equity.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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