1(xiii)
(i) Shares of company A, paying 12%, ₹ 100 shares are at ₹ 80.
(ii) Shares of company B, paying 12%, ₹ 100 shares are at ₹ 100.
(iii) Shares of company C, paying 12%, ₹ 100 shares are at ₹ 120.
Shares of which company are at premium ?
- (a)Company A
- (b)Company B
- (c)Company C
- (d)Company A and C
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Companies in which Market value is greater than nominal value, there shares are at premium.
∴ Shares of company C are at premium.
Hence, Option 3 is the correct option.