Question
The following information is extracted from the financial statements of Broadstream Balanced Fund Details Book value $million Market value $million Cash and deposits 28 33
The following information is extracted from the financial statements of Broadstream Balanced Fund
| Details | Book value $million | Market value $million |
| Cash and deposits | 28 | 33 |
| Bonds | 54 | 66 |
| Equities | 149 | 320 |
| Property | 105 | 132 |
| Trade Creditors | 52 | 52 |
| Mortgage Loans | 170 | 170 |
| Units on issue (million) | 70 | |
Which of the following is the correct unit price of the fund?
| a. | $4.70 per unit | |
| b. | $5.65 per unit | |
| c. | $4.45 per unit | |
| d. | $4.12 per unit |
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Investing In Justice An Introduction To Legal Finance Lawsuit Advances And Litigation Funding
Authors: Max Volsky
1st Edition
0988510502, 978-0988510500
