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If the face value of a share is Rupees 1...

If the face value of a share is Rupees 10 and the market value is Rupees 9.80, then which of the following statements is correct ?

A

The share is at a premium of Rupees 0.20

B

The share is at a premium of Rupees 10.20

C

The share is at a discount of Rupees 0.20

D

The share is at a discount of Rupees 10.20

Text Solution

Verified by Experts

The correct Answer is:
C
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