The share of Ridhi Ltd. ( 10) was quoting at 102 on 01.04.2002 and the price rose to 132 on 01/04/2005. Dividends were received at 10% on 30th March each year. Cost of funds was 10%. Is it a worthwhile investment considering the time value of money? (Present value factor at 10% were 0.909, 0.826 and 0.751).
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