A 9% stock yields 8%.The market value of the stock is : Options:
A) Rs. 72  B) Rs. 92  C) Rs. 112.50  D) Rs. 116.50  E) None of these
solution   To obtain Rs. 8, investment = Rs. 100.   To obtain Rs. 9, investment = Rs.(100/8X9)= Rs. 112.50   ∴ Market value of Rs. 100 stock = Rs.112.50   Answer Rs. 112.50
<result>C</result>
A 9% stock yields 8%.The market value of the stock is :