Calculate the unit price of the Masterproc Balanced Fund ("Masterproc ") using the following information extracted from its latest financial statements including the detail that it had 63 million units on issue at the end of the latest financial year:
$\begin{array} { l c c }
& \text { Book Value } & \text { Market Value } \
{ \text { Details } } & \text { \$ million } & \text { \$ million } \
\text { Cash and deposits }& 25 & 28 \
\text { Bonds } & 66 & 59 \
\text { Equities }& 135 & 296 \
\text { Property } & 100 & 112 \
\text { Trade Creditors } & 45 & 45 \
\text { Mortgage Loans }& 167 & 167
\end{array}$

Question

Calculate the unit price of the Masterproc Balanced Fund ("Masterproc ") using the following information extracted from its latest financial statements including the detail that it had 63 million units on issue at the end of the latest financial year:
$\begin{array} { l c c } 
& \text { Book Value } & \text { Market Value } \
  { \text { Details } } & \text { \$ million } & \text { \$ million } \
\text { Cash and deposits }& 25 & 28 \
\text { Bonds }  & 66 & 59 \
\text { Equities }& 135 & 296 \
\text { Property } & 100 & 112 \
 \text { Trade Creditors } & 45 & 45 \
\text { Mortgage Loans }& 167 & 167
\end{array}$

Quizplus · Accepted Answer

The Answer of Calculate the unit price of the Masterproc Balanced Fund ("Masterproc ") using the following information extracted from its latest financial statements including the detail that it had 63 million units on issue at the end of the latest financial year:
$\begin{array} { l c c } 
& \text { Book Value } & \text { Market Value } \
  { \text { Details } } & \text { \$ million } & \text { \$ million } \
\text { Cash and deposits }& 25 & 28 \
\text { Bonds }  & 66 & 59 \
\text { Equities }& 135 & 296 \
\text { Property } & 100 & 112 \
 \text { Trade Creditors } & 45 & 45 \
\text { Mortgage Loans }& 167 & 167
\end{array}$

Calculate the Unit Price of the Masterproc Balanced Fund ("Masterproc