ICSE Solutions for Class 10 Mathematics – Shares and Dividends. A man buys 75, Rs100 shares paying 9 percent dividend. Find the market value of each share. Nominal value of 75 shares= 100 75= Rs7,500. Mrs. Kulkarni invests Rs.1, 31,040 in buying Rs.100 shares at a discount of 9%. Formula. 450, if the rate of dividend declared is 10%. I have done my all the project in this website it is very good for everyone who want to write shares and dividend project and this best for ICSE student so I recommend for all ICSE student and also the teachers of ICSE schools. Calculate : (i)the number of shares he buys. Find her total gain or loss on the whole. Market value of 1 share= Rs100+ 20% of Rs100, Nominal value of 242 shares= Rs100 x 242= Rs24,200. Spread the love. Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared. know all the formula and concept Chapter Wise then we should solve the ICSE Maths Class 10th example different type questions. The Chapter 3 Shares and Dividends is main Chapter in ICSE board . Market value of 1 share= Rs26+ 10% of Rs26, Nominal value of 700 shares= Rs26 x 700= Rs18,200. How much money will be required to buy 250, Rs.15 shares at a discount of Rs.1.50? ICSE Solutions Selina ICSE Solutions. Then investment in second company is giving better return Ans. Market value of 1 share= Rs100+ Rs20= Rs120. A man invests Rs7,770 in a company paying 5% dividend when a share of nominal value of Rs100 sells at a premium of Rs5. Nominal value of 10,000 shares= Rs100 x 10,000= Rs10,00,000, Market value of 90 shares= Rs150 x 90= Rs13,500, Nominal value of 90 shares= Rs100 x 90= Rs9,000. study shares and dividend from news paper, use of newspaper and report on shares and dividends, reprt on shares and dividends, to use a newspaper to study a report on share and dividend, Title: class 10th icse maths projects shares and dividends. If the rate of return is 10%, calculate: (ii)the amount to be invested to obtain an annual dividend of Rs1,350. In financial markets, the stock is a unit of account for various investments. Solution Of Different witter Solution Below Here. July 9, 2018 at 4:10 pm. Post navigation. 9,600 on Rs. (ii) If the dividend is 7.5%, what will be his annual income? Find the rate of dividend given by the company, when a man’s return on his investment is 15%. A company declares a dividend of 11.2% to all its share-holders. (i)What is the total amount of dividend paid by the company? Face value of each share = Rs. If Jagbeer invest ₹10320 on ₹100 shares at a discount of ₹ 14, then the number of shares he buys is (a) 110 (b) 120 (c) 130 (d) 150 Solution: Question 2. If he earns Rs1,200 at the end of the year as dividend, find: (i)the number of shares he has in the company. If they both receive equal dividend at the end of the year, find the rate per cent of the dividend received by B. Nominal value of 200 shares= Rs100 x 200= Rs20,000, Nominal value of 1600shares= 10 x 1600= Rs16,000, Dividend received by B= Dividend received by A. Class 10: Shares and Dividend – ICSE Board Problems Date: January 1, 2018 Author: ICSE CBSE ISC Board Mathematics Portal for Students 2 Comments Question 1: A man invests Rs. We are providing valuable and important information for Concise Solution Chapter 3 Shares and Dividends ICSE Maths Class 10th. Nominal value of y shares= 100 x y= Rs(100y) Dividend%= 10%. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 Question 1. , R S Aggarwal, R D Sharma , has been expertly solve by our experience teachers team. Find: Market value of 1 share= Rs75 – Rs15= Rs60, Market value of 120 shares= 120 x 60= Rs7,200, Nominal value of 120 shares= 120 x 75= Rs9,000. Nominal value of 80 shares= 80 x 100= Rs8,000. they're covering in school. Nominal value of 360 shares= Rs100 x 360= Rs36,000, The no. Then profit on 1 share = 4% of Rs40= Rs1.60. This will clear students doubts about any question and improve application skills while preparing for board exams. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3 Question 1. Learn Insta try to provide online math tutoring for you. of shares he still holds= 360 – 60= 300, Nominal value of 300 shares= Rs100 300= Rs30,000. If his incomes from these shares is Rs.5,600 calculate: (i) His investment in shares on the whole, (ii) The number of shares of first kind that he bought. Calculate the dividend he receives and the percentage of return on his investment. A man bought 360, ten-rupee shares of a company, paying 12% per annum. (ii)What should be the annual income of a man who has 72 shares in the company? Salman buys 50 shares of face value Rs.100 available at Rs.132. A company declares 8 … Market value of 1 share= Rs50 – 4% of Rs50, (iii)Nominal value of 200 shares=Rs50 x 200= Rs10,000. Ashwarya bought 496, Rs.100 shares at Rs.132 each, find : (ii) Income of Ashwarya from these shares, if the rate of dividend is 7.5%. A man buys Rs50 shares of a company, paying 12% dividend, at a premium of Rs10. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Ex 3. If a man receives Rs. Knowledge about Shares and Dividends. Log in. Total money invested in both firms= Rs31,200 2. He invested the proceeds (excluding dividend) in 10% Rs. Shares and Dividend - Math Formulas - Mathematics Formulas - Basic Math Formulas Javascript is disabled in your browser. Select Topics Concise Solution Chapter 3 Shares and Dividends ICSE Maths Class 10th. (ii) 220 shares of Rs. Rohit invested Rs. (iv) Shares and Dividends 2. Free PDF download of Class 10 Mathematics Chapter 3 - Shares and Dividend Revision Notes & Short Key-notes prepared by our expert Math teachers as per CISCE guidelines . Nominal value of 192 shares= 10 x 192= Rs1,920. Nominal value of y shares= 100 x y= Rs(100y). plz answer me . Also find Mathematics coaching class for various competitive exams and classes. (iii)the rate of interest he gets on his money. Find the annual income derived from 125, Rs.120 shares paying 5% dividend. (iii)If he received only 4% of his investment, find the price he paid for each share. Nominal value of 300 shares= Rs10 300= Rs3,000. Hope given ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends Chapter Test are helpful to complete your math homework. 1.50 discount. A man has 300, Rs50 shares of a company paying 20% dividend. Exercise – 3. ICSE solutions for Class 10 Mathematics chapter 4 (Shares and Dividends) include all questions with solution and detail explanation. Dividend = Rs500 Chapter 3 Shares and Dividends Concise Solution ICSE Maths Class 10th. (iii)the percentage return on his investment. His profit = Rs5,100 – Rs4,800= Rs300 Ans. Hope given Selina Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividend Ex 3A are helpful to complete your math homework. He sold the shares when their price rose to Rs21 per share and invested the proceeds in five-rupee shares paying 4.5 percent per annum at Rs3.50 per share. A man invests Rs3,072 in a company paying 5% per annum, when its Rs10 share can be bought for Rs16 each. A man invests Rs11,200 in a company paying 6 percent per annum when its Rs 100 shares can be bought for Rs140. Income on investment of Rs26,400 in first firm, Income on investment of Rs26,400 in second firm. S Chand ICSE Solutions Class 10 Maths Shares and Dividends Exercise 3A: Ques No 1 (i) 200 shares of Rs. Give your answer to the nearest integer. Representation of solution on the number line. Vivek invests Rs4,500 in 8%, Rs10 shares at Rs15. 40 Dividend = 10% Gain on investment = 10%. At what price did he buy the shares ? 40. Find: (ii)his percentage return on his investment. Find: Nominal value of 400 shares= 400 x 20= Rs8,000, (i)Market value of 400 shares= 400 x 24= Rs9,600. Class 10 Maths Class 10 Physics. A buys 3% hundred-rupee shares at 80 and B buys ten-rupee shares at par. 8,800 in buying shares of a company of face value of Rs. From essential information to weird (but true!) Find the : How much should a man invest in Rs. ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 3 Shares and Dividends MCQS. Also find his yield percent, to the nearest whole number. Want a helping hand so that you can focus on the more important tasks or spend more time with family. Your email address will not be published. This is the second part where we have discussed SUMS of Shares & Dividends. Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared. Concise Maths ICSE Class-10 Solutions Selina Publishers, Concise Solution Linear In Equations in One Variable Chapter 4 ICSE Class 10, Srijan Publications Cell Cycle and Cell division Textbook Solutions…, Introduction to Physics HC Verma Solutions Vol-1 Class-11 Physics Ch-1, OP Malhotra Linear Programming ISC Class-12 Maths Solutions Ch-28, OP Malhotra Linear Regression ISC Class-12 Maths Solutions Ch-27, OP Malhotra Application of Integrals ISC Class-12 Maths Solutions…, OP Malhotra Application of Calculus in Commerce and Economics ISC…, Privancy Policy | Sitemap | About US | Contact US, Concise Solution Chapter 3 Shares and Dividends ICSE Maths Class 10th, ICSE Maths Class 10th. (ii) On selling, market rate = Rs.100+20 = Rs.120. Question 1: A man invests Rs. Formulae Handbook For ICSE Class 9 and 10 Educational Loans in India. Then first firm is paying better than second firm. Solving by: Factorisation. Market value of 1 share= Rs100 – 8% of Rs100, Market value of 1 share= Rs100 + 8% of Rs100. (B) , Exercise 3. Also, learn to find the annual income from shares according to the given data on the number of shares, dividend and nominal value of the share. She sells shares … Exercise Ex.- 3(B) Question 1. Question 1. If his income, from the shares sold, increases by Rs.18,000, find the number of shares sold by Gopal. He buys shares at such a price that he gets 12percent of his money. The first firm pays a dividend of 5% per annum and the second firm pays a dividend of 6% per annum. Two brothers A and B invest Rs16,000 each in buying shares of two companies. S Chand ICSE Maths Solutions for Class 10 Chapter 1 GST. 50 shares at Rs. At what price did he buy the shares ? Market value of 1 share= Rs60+ 25% of Rs60. Find his profit and profit percent. The dividend on the shares is 15% per annum. Concise Chemistry Solution for ICSE Class 10th, Selina Concise Physics Solution for ICSE Class 10th, Revised Concise Biology Solution for ICSE Class 10th. She sells shares worth Rs.72,000 at a premium of 10% and the rest at a discount of 5%. We provide step by step Solutions for ICSE Mathematics Class 10 Solutions Pdf. Nominal value of 10,000shares =10,000 x Rs100= Rs10,00,000, (ii)Nominal value of 72 shares= Rs100 x 72= Rs7,200, Then market value of 10,000 shares= Rs(10,000y). Algebra (i) Linear Inequations Linear Inequations in one unknown for x N, W, Z, R. Solving Algebraically and writing the solution in set notation form. (ii)Mr. Tiwari’s income from the investment. Tags: dividend dividend earned shares bought dividend. A man sold 400 (Rs20) shares of a company, paying 5% at Rs18 and invested the proceeds in (Rs10) shares of another company paying 7% at Rs12. A man buys 400, twenty-rupee shares at a premium of Rs4 each and receives a dividend of 12%. Get ICSE Solutions for Class 10 Mathematics Chapter 4 Shares and Dividends for ICSE Board Examinations on APlusTopper.com. Find: Market value of 1 share= Rs100+ Rs5= Rs105, Nominal value of 74 shares= 74 x 100= Rs7,400. Then 16% Rs.100 shares at 80 is better investment. Market value of 60 shares= Rs160 x 60= Rs9,600 Ans. use prescribe ( According Council Prescribed Method of ICSE) method to solve ICSE Maths Class 10th . A company pays a dividend of 15% on its ten-rupee shares from which it deducts income tax at the rate of 22%. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Class 10: Shares and Dividend – ICSE Board Problems . A company declares 8 per cent dividend to the shareholders. 60 to obtain an income of Rs. S Chand ICSE Maths Solutions Class 10 Chapter 3 Shares and Dividends Exercise 3A. It often means the stock of a corporation, but it is also used for collective investments such as mutual funds, limited liability companies, and real estate investment trusts. Answer 1. A dividend of 12% was declared on Rs150 shares selling at a certain price. (A) , Exercise – 3. If its Rs60 share is available in the market at a premium of 25%, how much should Rakesh invest, in buying the shares of this company, in order to have an annual income of Rs1,680? Selina Solutions Concise Maths Class 10 Chapter 3 Shares and Dividends Exercise 3(A) Learning about shares and dividends are essential for everyone. Class 10 education Grade 10 ICSE ICSE Board Paper Questions India K12 learning Math Mathematics Practice Questions Principal R K Bansal Sample Test Paper School science Selina Publishers Shares and Dividend students. Rohit sold the shares when the price rose to Rs. To register Maths Tuitions on Vedantu.com to clear your doubts. Free download of step by step solutions for class 10 mathematics chapter 3 - Shares and Dividend of ICSE Board (Concise - Selina Publishers). 200 stock yielding 9% at 105. Market value 1 share= Rs5 + Rs1.15= Rs6.15, Market value of 160 shares= 160 x 6.15= Rs984. (iii) If he wants to increase his annual income by Rs.150, how many extra shares should he buy? How much money will be required to buy 400, Rs.12.50 shares at a premium of Rs.1? Calculate: (i)the number of shares bought by Mr. Tiwari. 100 each at a premium of 10%. Total gain = 26000 + 5200 = Rs.31200 Ans. Geography (Projects & Notes) for ICSE Class 10, Hindi (Projects & Notes) for ICSE Class 10, History (Projects & Notes) for ICSE Class 10, Computer Applications (Projects, Notes) ICSE Class 10, Home Science (Projects & Notes) for ICSE Class 10. His net income= Rs3,000 – Rs90= Rs2,910 Ans. If the change in his income is Rs.540, Find the sum invested originally. Nominal value of 60 shares= Rs100 x 60= Rs6,000, Market value of 1 share= Rs100+ 60% of Rs100. Nominal value of 120 shares= Rs40 120= Rs4,800, Market value of 120 shares= Rs42.50 120= Rs5,100. Find the annual income of a man who owns one thousand shares of this company. Want us to review, proofread or tidy up your work to help you get more marks? (i) Annual dividend = 650 × 8 = Rs.5200 Ans. 50 shares selling at Rs. Concise Solution Chapter 3 Shares and Dividends ICSE Maths Class 10th.This post is Solution of Chapter –3 Shares and Dividends of Concise Solution which is very famous Maths writer in ICSE Board in Maths Publication .Step by Step Solution of Chapter-3 Shares and Dividends is given to understand the topic clearly . 100 shares at Rs. Companies issue shares that are offered for sale to increase share capital. Dividend on Shares - Get Get topics notes, Online test, Video lectures & Doubts and Solutions for ICSE Class 10 Mathematics on TopperLearning He invests the proceeds in shares of nominal value Rs50, quoted at 4% discount, and paying 18% dividend annually. (iii) Percentage return, on the shares bought on the whole. A lady holds 1800, Rs100 shares of a company that pays 15% dividend annually. Find: (i)which company is giving a better return. / Commercial Mathematics: Project on Shares and dividends for Class X ICSE. 2nd part= Rs50760 – Rs24,840= Rs25,920 Ans. By purchasing Rs25 gas shares for Rs40 each, a man gets 4percent profit on his investment. When the market value of these shares rose to Rs140, he sold some shares, just enough to raise Rs8,400. To practise more problems from this chapter, explore our ICSE Class 10 Maths Frank solutions, sample paper solutions and previous years’ question papers. (C) . January 1st 2018. Mr. Gupta has a choice to invest in ten-rupee shares of two firms at Rs13 or at Rs16. Nominal value of 300 shares= 300 x 50 = Rs15,000. A company, with 10,000 shares of Rs100 each, declares an annual dividend of 5%. Mr. Sharma has 60 shares of nominal value Rs100 and sells them when they are at a premium of 60%. Calculate: (ii)the dividend due to him on these remaining shares. Mr.Tiwari. It often means the stock of a corporation, but it is also used for collective investments such as mutual funds, limited liability companies, and … A man buys 400, twenty-rupee shares at a discount of 20% and receives a return of 12% on his money. Note . Looking for project help, assignment help, writing help, research help? 500. Calculate : (iii)his annual dividend from the shares. (iii) Purchasing Rs. Solution: Question 2. If his total income from these investments is Rs9,200; find : (i)his total savings (ii)the number of Rs50 share. In this exercise, students will understand and solve problems on finding loss or profit, investment, number of shares and similar topics. Shares : In financial markets, a stock is a unit of account for various investments. Calculate: (ii)the rate of dividend paid by the company. 8,800 in buying shares of a company of face value of Rs. A man invests a certain sum of money in 6% hundred-rupee shares at Rs.12 premium. Then market value of 140 shares= 140110= Rs15,400 Ans. Then nominal value of 80 shares= 80 x 100= Rs8,000. How much money will be required to buy 400, ₹ 12.50 shares at a premium of ₹ […] Reply. Easy explanation of Shares & Dividends of Class 10 ICSE Mathematics. Gopal has some Rs.100 shares of company A, paying 10% dividend. Math project on Shares and dividends for Class X ICSE. Students with the help of word wide math expert. 160. Our solution is famous is not only in India but also across the globe since decade and students can achieve their goal in 2020 exams of ICSE Class 10th. Total sale price= Rs30 x 300= Rs9,000 Ans. Find his net income after paying 3% income tax. First, we understand some concepts of GST in this post. Students with the help of word wide math expert. Treasure Trove: ICSE SHORT STORIES and POEMS, How to write an essay for a STUDY ABROAD program, Academic writing tips for project, dissertation research work, Differences: Thesis, Dissertation, and Research Paper. What rate percent is the company paying? June 25, 2019 by studymumbai Leave a Comment. If you have any doubts, please comment below. (ii) Quadratic Equations (a) Quadratic equations in one unknown. A company declares 8 percent dividend to the share holders. A man invests Rs1,680 in buying shares of nominal value Rs24 and selling at 12% premium. Find : (ii)his percentage income on his investment. Find: (ii)The profit earned including his dividend. A man invests Rs8,800 in buying shares of a company of face value of rupees hundred each at a premium of 10%. 15 each available at Rs. What price is paid for each of Rs100 share ? New nominal value of 72 shares= Rs100 x 72= Rs7,200. At the end of one year he sells the shares at a premium of Rs.20. Selina Concise Mathematics Class 10 ICSE Solutions Shares and Dividends Selina Publishers Concise Mathematics Class 10 ICSE Solutions Chapter 3 Shares and Dividends Shares and Dividends Exercise 3A – Selina Concise Mathematics Class 10 ICSE Solutions Question 1. View original. Calculate: Market value of 1 share= Rs24+ 12% of Rs24, Nominal value of 62.5 shares= 62.5 x 24= Rs1,500. 20 premium paying 8% dividend. Commercial Mathematics: Project on Shares and dividends for Class X ICSE. A company with 10,000 shares of nominal value Rs100 declares an annual dividend of 8% to the share-holders. 100 each at a premium of 10%. Nominal value of 400 shares= Rs20 x 400= Rs8,000, Market value of 400 shares= Rs18 x 400= Rs7,200, Nominal value of 600 shares=Rs10 x 600= Rs6,000. Market value of 1 share= Rs100+40% of Rs100, Nominal value of 1800 shares= 1800 x 100= Rs1,80,000, Market value of 1800 shares= 1800 x 140 = Rs2,52,000. Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared. Gagan invested Rs.80% of his savings in 10% Rs.100 shares at 20% premium and the rest of his savings in 20% Rs.50 shares at Rs.20% discount. All exercise questions are solved & explained by expert teacher and as per ICSE board guidelines. Learn … Value … If he receives a dividend of Rs.2,475, find the: A man invested Rs45,000 in 15% Rs100shares quoted at Rs125. If it is given in question otherwise you should use any type method to solve ICSE Maths Class 10th. Find his profit and profit percent. (ii)when dividend is Rs18, then investment is Rs180, When dividend is Rs1,350, then investment. Need help with a homework project? Find the rate of dividend given by the company, the return on the investment on these shares being 20 percent. Ashok invested Rs.26,400 in 12%, Rs.25 shares of a company. Then market value of 250 shares= 250 75= Rs18,750 Ans. Salman invests a sum of money in Rs.50 shares, paying 15% dividend quoted at 20% premium. What is his dividend if he buys 60 shares? Mr.Parekh invested Rs.52,000 on Rs.100 shares at a discount of Rs.20 paying 8% dividend. Question 1. 2.50 premium. A man invests Rs20,020 in buying shares of nominal value Rs26 at 10% premium. Solution: Question 2. A man buys 75, Rs100 shares paying 9 percent dividend. Hundred rupee shares of a company are available in the market at a premium of Rs20. the main ICSE Math Class 10th Books witter like. Shares and Dividend 10th Maths ICSE Chapter 3 Marketing along with videos,solved papers and worksheets.These are helpful for students in doing homework or preparing for the exams When the shares fell to Rs.96, he sold out all the shares bought and invested the proceed in 10%, ten-rupee shares at Rs.8. Chapter Wise Solution of Concise Solution including Chapter -3 Shares and Dividends is very help full for ICSE Class 10th student appearing in 2020 exam of council. Market value of 1 share= Rs50 – 10% of Rs50. Note:- Before viewing Solution of Chapter -3 Shares and Dividends of Concise Solution read the Chapter Carefully then solve all example of your text book. (iii) How much extra must ashwarya invest in order to increase her income by Rs.7,200. Find: Market value of 1 share= Rs50+ Rs10= Rs60, and Market value of 320 shares= 320 x 60 = Rs19,200, Nominal value of 320 shares= 320 x 50= Rs16,000. (i)Calculate the total amount of dividend paid by the company. A project on Shares and Dividends. Then dividend on 60 shares= 60 Rs1.60= Rs96 Ans. If you have any doubts, please comment below. A man invests a certain sum on buying 15% Rs.100 shares at 20% premium. Rs 50 shares of a company are quoted at a discount of 10%. He sells the shares when the price rises to Rs30, and invests the proceeds in 12% Rs100 shares at Rs125. A man invests Rs800 in buying Rs5 shares and when they are selling at a premium of Rs1.15, he sells all the shares. Hi students, Welcome to Amans Maths Blogs (AMB).In this post, you will get S Chand ICSE Maths Solutions for Class 10 Chapter 1 GST Exercise 1.This is the new chapter ‘GST – Goods and Service Tax‘ included in ICSE 2020 Class 10 Maths syllabus. Mrs. Kulkarni invests Rs.1, 31,040 in buying Rs.100 shares at a discount of 9%. The dividend on the shares is 15% per annum. Our solution is famous is not only in India but also across the globe since decade and students can achieve their goal in 2020 exams of ICSE Class 10th. By investing Rs.45,000 in 10% Rs.100 shares, Sharad gets Rs.3,000 as dividend. Calculate her annual dividend. Write all step with statement and correct unit during solving if you change one unit to other unit then indicate the conversion scale used in bracket just right side. Rate of dividend = 10% Total income = Rs. ICSE 10 Maths > Shares and Dividend Question Papers Revision Notes Take Quizzes Solve Worksheets Select a Chapter from the menu to view the specific chapter Easy explanation of Shares & Dividends of Class 10 ICSE Mathematics. If the first firm pays 5% dividend and the second firm pays 6% dividend per annum, find: (ii)if Mr. Gupta invests equally in both the firms and the difference between the returns from them is Rs30, find how much, in all, does he invest. the main ICSE Math Class 10th Books witter like Concise Solution Selina Publications, R S Aggarwal, R D Sharma , has been expertly solve by our experience teachers team. Calculate : (iii)the change in his annual income from dividend. Market value of 1 share= Rs20 – 20% of Rs20, (i)Market value of 400 shares= 400 x 16= Rs6,400. His net income= Rs1,500 – Rs330= Rs1,170 Ans. He sells a certain number of these shares at a discount of 20% and invests the proceeds in Rs.100 shares at Rs.60 of company B paying 20% dividend. Mr. Shameem invested of his savings in 20% Rs50 shares quoted at Rs60 and the remainder of the savings in 10% Rs100 share quoted at Rs110. Find the dividend received on 60 shares of Rs, 20 each if 9% dividend is declared. 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