Answer :

Company A: Premium = Rs. 18

__We know that if MV > FV, then the share is at premium.__

∴ MV = FV + Premium

⇒ MV = 2 + 18 = Rs.20

__We know that investment = number of shares × MV__

∴ Investment in company A = 200 × 20

= Rs. 4000

Company B:

∴ Investment in company B = 45 × 500

= Rs. 22, 500

Company C:

∴ Investment in company C = 1 × 10, 540

= Rs. 10, 540

Joseph has invested 4000 + 22, 500 + 10, 540 = Rs. 37, 040

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