During the year, dividends of RS. 12, 00,000 were received on equity shares. Interest on all types of debt securities was received as and when due .At the end of the year ,the equity shares and 10% debentures are quoted at 175% and 90% respectively Find out the NAV per unit given that operating expense paid during the year amounted to Rs.5,00,000. Also find out the NAV if the mutual fund had distributed a dividend of Re. 0.80 during the year to the unit holders.

During the year, dividends of RS. 12, 00,000 were received on equity shares. Interest on all types of debt securities was received as and when due .At the end of the year ,the equity shares and 10% debentures are quoted at 175% and 90% respectively Find out the NAV per unit given that operating expense paid during the year amounted to Rs.5,00,000. Also find out the NAV if the mutual fund had distributed a dividend of Re. 0.80 during the year to the unit holders.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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