Question
Pengyou Investing Ltd (Pengyou) is an Australian Financial Services Licensee which is intending to operate a managed investment scheme. The scheme will invest in direct
Pengyou Investing Ltd (Pengyou) is an Australian Financial Services Licensee which is intending to operate a managed investment scheme. The scheme will invest in direct property, specifically commercial property, and will be available to both retail and wholesale clients. The board of Pengyou consists of 4 directors, 3 of whom are non-executive, and they meet the criteria of being considered independent. The board would like you to advise them on the following matters:
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
