An investor purchases 200 shares of a company at a price of 80, whereas the face value
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An investor purchases 200 shares of a company at a price of ₹80, whereas the face value of each share is ₹5 at the end of one year he gets a dividend @ 40% and sells the share in the market at a price of ₹99 per share after one year. Calculate the return on equity.
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