Posted by **anoynomous** on Sunday, May 5, 2013 at 2:39am.

Rana bought 500 shares of HCL at a rate that yielded him 20 % return on a 24%, Rs 350 share. Later on , the company issued a bonus share for every 10 shares held.

When the market price was Rs 480 he sold all the shares and invested the proceeds in buying Rs 300 shares of IBM paying a dividend of 27.5%.

The yield percent on his investment now was 25%. Find Rana's investment and change in his annual income

## Answer This Question

## Related Questions

- maths-urgently needed - Rana bought 500 shares of HCL at a rate that yielded him...
- maths- - Rana bought 500 shares of HCL at a rate that yielded him 20 % return on...
- Finance - 2) The company wishes to raise $100 million by issuing stock. The ...
- MATH - Mrs. Butler bought 1,800 shares of Stairwell Mutual Fund at an offer ...
- math investments - I am unsure how to figure out this question please explian Mr...
- math - An investor bought 150 shares of an airline.She paid $60 per share for 50...
- accounting - preferred shares, $2,89 non-cumulative, 10,000 shares authorized, ...
- Finance - "An investor is proposing to buy shares in XYZ company. XYZ company is...
- maths-urgently needed - Atul invested Rs 75000 in buying Rs 200 shares of ABC ...
- maths-urgently needed ,plse - Atul invested Rs 75000 in buying Rs 200 shares of ...

More Related Questions