Question 2 The following table illustrates the calculation of a typical unit price. The total invested by XYZ Funders has been split up into 10 000 000 units. Description no. of units in issue) Net asset value (market value of all assets less liabilities Plus accumulated income not yet distributed to holders Buying price of unit Plus compulsory charges Plus initial charges (a) What is the total amount of money invested by XYZ Funders? (2) (b) At which amount will the fund managers decide to: i. sell the unit? (1) ii. buy the unit back? (1) [4] Question 2 The following table illustrates the calculation of a typical unit price. The total invested by XYZ Funders has been split up into 10 000 000 units. Description Amount cents 500,70 4,30 Net asset value (market value of all assets less liabilities - no. of units in issue) Plus accumulated income not yet distributed to holders Buying price of unit Plus compulsory charges Plus initial charges 505,00 7,10 13,13 525,23 (a) What is the total amount of money invested by XYZ Funders? (b) At which amount will the fund managers decide to: i. sell the unit? ii. buy the unit back? (1) [41