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Options
-
1.67%
Correct answer
- B
1.23%
- C
12.75%
- D
2.19%
Why this is the answer
A 100% dividend on ₹2 face value equals ₹2 per share. With 500 shares, the total dividend is 500 × 2 = ₹1,000. Dividend yield is calculated as (Dividend ÷ Investment) × 100 = (1,000 ÷ 60,000) × 100 = 1.67%.
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