(xiii) 1. Shares of company A, paying 12%, ₹100 shares are at ₹80.
2. Shares of company B, paying 12%, ₹100 shares at ₹100.
3. Shares of company C, paying 12%, ₹100 shares are at ₹120.
Shares of which company are at premium?
(a) Company A
(b) Company B
(c) Company C
(d) Company A and C

Solution