Net Asset Value

question 17

Multiple Choice

Net asset value

• A)is the value of the securities minus the liabilities, divided by the number of shares outstanding.
• B)is the price at which the shares of a closed-end fund trade.
• C)is the value of the fund's year's earnings, divided by the total amount invested in the fund.
• D)A and B

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Definitions:

Evolutionary Benefit

An advantage conferred by certain traits or behaviors that increases the likelihood of survival and reproduction across generations.

Protection

Measures taken to guard against harm, damage, loss, or other undesirable outcomes.

Resources

Assets, materials, or other valuables that can be used to support various actions or activities.

Ostracism

The social or psychological exclusion or isolation of an individual or group by a larger group, often resulting in feelings of loneliness and depression.