alleryStart learning →A company buys back 20,000 shares of Rs 10 each at Rs 14. The total premium paid is
ARs 80,000
BRs 40,000
CRs 2,80,000
DRs 2,00,000
Answer & Solution
Correct answer: A. Rs 80,000
The premium is Rs 4 per share (14 minus 10), and 20,000 shares give Rs 80,000.
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