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Family Investment Trust holds TZS 6 , 0 0 0 , 0 0 0 0 of shares, in a total of 8 companies, in its

Family Investment Trust holds TZS

6, 000, 0000

of shares, in a total of

8

companies, in its fund. Currently,

there are

600

Family Investment Trust shares in issue. The current Family Investment Trust share price is

TZS

9, 700 .

REQUIRED: a

)

What is the net asset value

(

NAV

)

of Family Investment Trust? And what is the percentage

of discounting

/

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