a) Given the following information, calculate the net tangible asset (NTA) price per unit of the "Futuristic Office Property Fund" which is an A-REIT.
Market value of property held by the fund is $80,000,000; the mortgage owed to lenders is $50,000,000; and the number of units issued to the public is 20,000,000.
b) The market price of the fund is currently trading at a discount of 10% to the answer derived in part a) of this question. Calculate this market price and discuss why a price different to the NTA may occur for an A-REIT.

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The Answer of a) Given the following information, calculate the net tangible asset (NTA) price per unit of the "Futuristic Office Property Fund" which is an A-REIT.
Market value of property held by the fund is $80,000,000; the mortgage owed to lenders is $50,000,000; and the number of units issued to the public is 20,000,000.
b) The market price of the fund is currently trading at a discount of 10% to the answer derived in part a) of this question. Calculate this market price and discuss why a price different to the NTA may occur for an A-REIT.

A) Given the Following Information, Calculate the Net Tangible Asset