The Capital Value of Investments in case of ex- interest purchase (subject to Brokerage) means :
A) Market price on the date of purchase
B) Purchase Price + Interest + Brokerage
C) Purchase price - Interest + Brokerage
D) None of these
Correct Answer:
Verified
Q5: Investment Accounts are kept
A)Only by Brokers
B)only by
Q6: The interest on fixed dates are received
Q7: In case of purchase and sales of
Q8: The Closing stock of investment is valued
Q9: Cum interest price of security is_than ex-
Q11: Cost of Investment does not include
A)Interset
B)Brokerage
C)Stamp Duty
D)None
Q12: Total amount payable less its cash price
Q13: Cash price of asset + Interest =_price
A)Contract
B)Market
C)After
Q14: Under hire-purchase system the amount of interest
Q15: At the end of the year, the
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