Examlex
Which of these answers best describes an ordinary annuity?
Net Asset Value
The value of an entity's assets minus the value of its liabilities, often used in the context of mutual and exchange-traded funds.
Dividend Income Distributions
Payments made by a corporation to its shareholders, often derived from the company's earnings, representing a share of the profits.
Capital Gains Distributions
Earnings paid to shareholders from the fund's sale of securities, representing a portion of the profits realized by the investment.
Net Asset Value
The value per share of a mutual fund or an exchange-traded fund, calculated by dividing the total value of all the fund's assets minus liabilities by the number of shares outstanding.
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