A man sells 4000 common shares of a Company x (each of par value Rs. 10), which pays a dividend of 40% at Rs. 30 per share. He invests the…

A man sells 4000 common shares of a Company x (each of par value Rs. 10), which pays a dividend of 40% at Rs. 30 per share. He invests the sale proceeds in ordinary shares of Company Y (each of par va