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In a company net assets available for share holders is ?1450 Lakhs; Equity share capital 60 Lakhs shares of ?10 each; An average dividend is ?3.20 per equity share and normal rate of dividend for the company is 10%. The fair value of each share will be

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The syllabus (with weightage):
A. GAAP and Accounting Standards 20%
B. Accounting of Business Combinations & Restructuring 20%
C. Consolidated Financial Statements 20%
D. Developments in Financial Reporting 25%
E. Government Accounting in India 15%


In a company net assets available for share holders is ?1450 Lakhs; Equity share capital 60 Lakhs shares of ?10 each; An average dividend is ?3.20 per equity share and normal rate of dividend for the company is 10%. The fair value of each share will be






 
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