an important question from the book -ML aggarwal( avichal publication)class 10th , chapter3, shares and dividends ……..
we have the information that A man buys 400 ten-rupee shares at a premium of Rs. 2.50 on each share.
If the rate of dividend is 8%, we are to find his investment and dividend received and yield.
the third one “yield” word is confusing . please explain that also.
Q no. 20, exercise 3, ML Publication, share and dividends