A 6% stock yields 8%.
A 6% stock yields 8%. The market value of the stock is:
Answer/Solution
Rs. 75
Steps/Work
Let the face value of the stock is Rs.100
It yields Rs.6
Market value of the stock=(6/8)*100=Rs.75
ANSWER:B
It yields Rs.6
Market value of the stock=(6/8)*100=Rs.75
ANSWER:B