The portfolio of the unit fund consists of: 10 000 shares of ABC company with a par value of 1000 R and market value 2000 R; 10 000 OFZ Par value 1000 Market value 98,00; 10 000 discount bonds of XYZ company Par value 1000 Market value 95,00; $10 000 (exchange rate 70); Dividends of ABC company paid at a dividend rate of 20%; Paid coupons (interest) on OFZ at 8%. The number of units in circulation is 1000. Calculate the price of one unit

Answer rating: 100% (QA)

To calculate the price of one unit of the fund we need to determine the total value of the portfolio ... View the full answer