Discussion :: Stocks and Shares
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A 6% stock yields 8%. The market value of the stock is:
Answer : Option B
Explanation :
For an income of Rs. 8, investment = Rs. 100.
For an income of Rs. 6, investment = Rs.\( [\frac { 100 } { 8 }*6]\)= Rs. 75.
Market value of Rs. 100 stock = Rs. 75.
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