M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________ | Faculties

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Q. M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________

(A) rs.120
(B) rs.80
(C) rs.90
(D) rs.100

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✅ Correct Answer: (A) rs.120

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