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Exam CIFC Topic 1 Question 153 Discussion

Actual exam question for IFSE Institute's CIFC exam
Question #: 153
Topic #: 1
At the close of business, Great Lengths Equity Fund had total assets of $135 million and total liabilities of $10 million. They had 11 million units outstanding. In addition, their current assets totalled $13 million and current liabilities were $3 million. Which of the following statements regarding Great Lengths Equity Fund's net asset value per unit (NAVPU) is correct?

Suggested Answer: D Vote an answer

by Hiram at Nov 25, 2024, 04:52 PM

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