Hi,
In section 1.4 there is a question on the difference between bid basis and offer basis to provisioning for unrealised gains in unit pricing.
Solution mentioned “The company may even allow for no discounting of the liability, if the assets are being sold specifically in order to redeem the units.”
What does this mean? Thank you.
In section 1.4 there is a question on the difference between bid basis and offer basis to provisioning for unrealised gains in unit pricing.
Solution mentioned “The company may even allow for no discounting of the liability, if the assets are being sold specifically in order to redeem the units.”
What does this mean? Thank you.