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The profit made by a company in one year is enough to give 6% return on all shares.
But as the preffered shares get on return of 7.5%, so the ordinary shares got on return of 5%.If the value of preferd shares is Rs 4,000000, then what is the value of ordinary shares?
Ans: Rs. 6,000000.


  
Total Answers and Comments: 0 Last Update: August 23, 2006     Asked by: madhu 
  
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