Question
On June 25th 2020, Investor John Brooks subscribed $1,000 in Capital Investment at $10 per unit. He enrolled in the Dividend Reinvestment Plan*. The annual
On June 25th 2020, Investor John Brooks subscribed $1,000 in Capital Investment at $10 per unit. He enrolled in the Dividend Reinvestment Plan*. The annual dividend distribution rate is 9% p.a. of invested capital prorated by days of investment and payable monthly on the last day of each month. Please use Excel to calculate his unit balance as of Aug 31, 2020.
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Auditing ISO Management System
Authors: Dr. RAMESH R LAKHE, Dr. RAKESH L. SHRIVASTAVA, M M NAVEED, KRANTI P DHARKAR, Dr. C M SEDANI
1st Edition
1702203913, 978-1702203913
