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Question
How much money will be required to buy 200, Rs. 25 shares at a premium of Rs. 2?
Solution
Nominal value of 1 share = Rs. 25
Market value of 1 share = Rs. 25 + Rs. 2 = Rs. 27
No. of shares purchased = 200
Money required to buy 200 shares = Rs. 27 × 200
= Rs. 5,400 Ans.
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