QUESTION #2 (9 Marks) CHAPTER #8 - Valuation Date, Settlement Date, Settlement Value Parta) Adrian places a purchase ord

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Question 2 9 Marks Chapter 8 Valuation Date Settlement Date Settlement Value Parta Adrian Places A Purchase Ord 1 (62.01 KiB) Viewed 41 times

QUESTION #2 (9 Marks) CHAPTER #8 - Valuation Date, Settlement Date, Settlement Value Parta) Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5" is a statutory holiday. The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 2 March 3 March 4" March 5 March 8 $10.23 $10.22 $10.34 $10.25 $10.34 HOUDAY REQUIRED: Determine the valuation date. Part b) I Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5" is a statutory holiday. The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 2 March 3 March 4 March 5* March 8 $10.23 $10.22 $10.34 $10.25 HOLIDAY $10.34 REQUIRED: Determine the settlement date. Part c) Adrian places a purchase order for an equity mutual fund on Monday, March 1" at 4:30 pm EST. Friday, March 5 is a statutory holiday, The NAVPU for the fund on each day of the week is as follows: Monday Tuesday Wednesday Thursday Friday Monday March 1" March 2 March 3 March 4" March 5 March 8 $10.23 $10.22 $10.34 $10.25 HOUDAY $10.34 REQUIRED: Calculate the NAVPU that will be used to settle the trade.