Calculate the unit price of the Masterproc Balanced Fund (Masterproc ) using the following information...
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Accounting
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:
Book Value Market Value
Details $ million $ million
Cash and deposits 25 28
Bonds 66 59
Equities 135 296
Property 100 112
Trade Creditors 45 45
Mortgage Loans 167 167
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