Question: QUESTION #2 (9 Marks) CHAPTER #8 - Valuation Date, Settlement Date, Settlement Value Part a) Adrian places a purchase order for an equity mutual fund

QUESTION #2 (9 Marks) CHAPTER #8 - Valuation Date, Settlement Date, Settlement Value Part a) Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5" is a statutory holiday. The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 27d March 3d March 4 March 5 March 8 $10.23 $10.22 $10.34 $10.25 HOLIDAY $10.34 REQUIRED: Determine the valuation date. Part b) Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5h is a statutory holiday. The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 2d March 3 March 4# March 5th March 8" $10.23 $10.22 $10.34 $10.25 HOLIDAY $10.34 REQUIRED: Determine the settlement date. Part c) Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5" is a statutory holiday. The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 20 March 3d March 4" March 5" March 8 $10.23 $10.22 $10.34 $10.25 HOLIDAY $10.34 REQUIRED: Calculate the NAVPU that will be used to settle the trade

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