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Briefly Explain the Reasons Why the Unit Price of an Unlisted

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Essay

Briefly explain the reasons why the unit price of an unlisted managed fund is likely to change on a regular basis.

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Definitions:

Budgeted Production

An estimate of the quantity of goods or services that a company plans to produce within a specified period.

Product XXX

This is a placeholder for an unspecified product, often used in examples or hypothetical scenarios.

Units

Basic measures or quantities used in statistics or production that signify parts of a whole or individual items.

Direct Materials

Raw materials that are directly incorporated into a finished product and can be easily traced to it.

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