You act for a company which exchanged a contract last week to buy a 65% unit holding in a NSW private unit trust. The trust owns: Three office premises in Newtown, valued at $4.5 million, with a mortgage of $400,000. One warehouse in Llandilo, valued at $3.5 million, which is unencumbered. Shares in various public companies valued at $1 million, with a mortgage of $500,000. You are required to calculate the stamp duty payable by your client company on the purchase. What alternative below best describes the response you should provide? Select one answer only. Group of answer choices A. Duty is chargeable at the general rate applicable to a conveyance of land. B. Duty is chargeable at the general rate applicable to a conveyance of land on so much of the purchase price as relates to land. C. Duty is chargeable at the rate applicable to a purchase of shares. E. Duty is chargeable at the rate applicable to a purchase of shares on so much of the purchase price as it relates to shares