Answer:
Step-by-step explanation:
Calculate the total unit trust K acquired by Kamal.
RM7650/RM1.02=7500 units
Calculate the minimum selling price of the unit trusts to get at least 12% return on investment after receiving a dividend of RM100.
Total return=RM7,650×1.12
Total return=RM8,568
Minus off the dividend that is already aquired
RM8568-RM100=RM8468
Now find each unit selling price
RM8468/7500 units
=RM1.13/per unit