A man bought 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is
Choose the correct choice
A) 12
B) 14
C) 15
D) 16
E) 17
Dividend on 20=(9/100*20)   =9/5   12 is an income on 100   9/5 is an income on   (100/12*9/5)= 
<gadget id="calculator">  (100/12*9/5)</gadget>
<output>15</output>
15   Option 15
<result>C</result>
A man bought 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. The market value of each share is