The NTA of an Unlisted Property Trust Assuming All Other

question 3

Multiple Choice

The NTA of an unlisted property trust assuming all other items are held constant:

• A) will increase in situations where the fund manager decides to repay principal on outstanding debt from surplus cash holdings.
• B) will increase in situations where the fund manager decides to revalue upwards the amount included in the balance sheet for goodwill attached to a prominent property held by the fund.
• C) is used by fund managers to determine the current value of units in the trust before adjusting for any management fees.
• D) both a and c

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