Net Asset Value (NAV)is Determined by

question 4

Multiple Choice

Net asset value (NAV) is determined by

• A) The total market value of all its assets multiplied by the number of fund shares outstanding.
• B) The total market value of all its assets divided by the number of fund shares outstanding.
• C) The total market value of all its assets divided by the number of shareholders.
• D) Supply and demand for the investment company stock in the secondary market.
• E) Supply and demand for the investment company stock in the primary market.

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