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Sir in MCQ and MTQs where we have to insert figure, the figure should be hoew many decimal place and should we round it
off or not?Sir I have gone through your lecture and you have explained that cum right price is share price before right issue. However, I am getting confused because in dec 16 cbe exam examiner has mentioned that share price following the announcement of right issue is called cum right price. So instead of this can we just write that cum right price is share price before right issue as you have explained in the lecture?
Usually show things to two decimal places unless the question says differently.
Nowhere in the lectures do I say that cum right is the price before the rights issue – you are confusing with cum div which is something completely different.
Cum means ‘with’, so cum rights means the price with the rights i.e. after the announcement of the rights issue.
Sir just want to confirm that while giving answer to 2 decimal places in mcqs, if suppose answer is coming 60.146 so this would be rounded off to 60.15, correct?
And suppose answer is coming 70.14 or 70.15 or 70.16, here how we will round off these three to 2 decimal places?
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