The Price of a Mutual Fund Share Is

question 78

Multiple Choice

The price of a mutual fund share is

• A) the total value of mutual fund shares divided by the number of corporate shares held.
• B) the net asset value or the number of shares issued divided by the number of corporate shares owned.
• C) the net asset value or the value of assets divided by shares issued.
• D) the net asset value or the number of shares of corporate stock held divided into the total value of the stock portfolio.

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Definitions:

Buying

The act of acquiring goods or services in exchange for money.

Habit

A regular practice or routine that is hard to give up.

Psychological Factors

Elements of human behavior and processes that affect an individual's decisions and actions, particularly in the context of purchase behavior.

Buying Decisions

The process or act of choosing to purchase a product or service based on various factors like need, desire, and affordability.